How to Read an Insurance Estimate/Xactimate? (ACV & RCV)
How do you read an insurance estimate? What does ACV, RCV, or Deductible mean? What is an Xactimate? When it comes to insurance it can be confusing. Here is a quick video on how to read an insurance estimate as a homeowner.
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00:00 Intro
00:37 Common Terminology
00:48 What is RCV?
01:08 Depreciation Explained
01:26 What is ACV?
01:58 Xactimate Sample
02:40 Xactimate Roof Section Breakdown
03:26 RCV, Deprec., ACV Real Life Example
05:14 Multiple Categories (Demo, HVAC, Roofing, etc.)
06:33 Summary Recap by Category
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HHH Roofing & Construction
832-458-1602
Serving Houston, The Woodlands, Spring, Kingwood, Magnolia, Conroe, Katy, Sugarland, Etc.
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