Have you seen our latest blog post about the shift to 8-year actual cash value policies? Check it out!
"The upcoming change introduces a new standard for the depreciation timeline in ACV policies, with a shift to an 8-year depreciation cap. Essentially, insurers are setting a hard limit on the ACV payout after 8 years. After this time, the value of insured items—such as your roof, appliances, or other household assets—will have diminished significantly, and insurance payouts will reflect that decrease more sharply than before."
For more information, be sure to keep reading on our website. To get started with our services, contact us today.
https://www.kennedyroofingsolutions.com/the-shift-to-8-year-actual-cash-value-policies
