In the world of insurance, there are two different types of policies: replacement cost value (RCV) and actual cash value (ACV). RCV is sometimes called “replacement cost endorsement” or “replacement coverage.” ACV is also sometimes called "actual cash value" or...

Although roof leaks are often a homeowner's worst nightmare, they can be a nightmare for insurance companies too.  This is because every claim comes with risk factors that affect the likelihood of coverage and cost.  The biggest risk factor when it comes to roof leaks...