Actual Cash Value Roof Coverage

Also called: ACV roof, ACV roof endorsement, roof ACV, depreciated roof coverage

By Nelson Avila, Licensed Florida Public Adjuster (License G332385) · Florida Certified Contractor
Homeland Public Adjusters · Last reviewed: October 2026

Full guide: Roof Claim Denied for Wear and Tear or Cosmetic Damage

How the payment is calculated

Depreciation is applied to the roof surfacing (shingles, tiles, metal panels, underlayment, flashing) by age against expected life. A 25-year architectural shingle roof at year 15 is depreciated 60%; at year 20, 80%. Some carriers depreciate labor too; some use a flat table (that version is the roof payment schedule). The decking, trusses, insulation, ceilings and contents damaged by the water that came through are not roof surfacing and are settled under the policy’s normal terms. See ACV vs. RCV.

When it applies

The ISO endorsement applies only to windstorm or hail losses to roof surfacing. A fire, a fallen tree, or a vehicle that damages the roof is still settled at replacement cost under the base policy. Carrier versions vary: some apply ACV to all perils, some only above a stated roof age, some only to certain materials. Read the endorsement; the peril matters as much as the age. The endorsement stays on the policy after you replace the roof until it is removed, so ask for removal in writing after a new roof.

Florida

Under §627.7011(5) an insurer may not refuse to issue or renew solely because a roof is less than 15 years old, and must allow an inspection showing five years of useful life on older roofs before refusing on age; the trade-off many carriers offered in return was ACV roof coverage or a payment schedule on roofs over a stated age, filed with and approved by the Office of Insurance Regulation. The separate statutory roof deductible in §627.701(10) can stack with an ACV endorsement on a non-hurricane wind loss (it may not apply to hurricane losses). On a total loss of the structure, the valued policy law requires payment of the policy limit regardless of roof endorsements.

New Jersey

New Jersey carriers use the ISO ACV roof endorsement on older roofs, particularly since 2022; there is no statutory roof deductible. Ice dam and snow-load losses are not windstorm or hail, so the ISO endorsement does not reach them, which carriers sometimes overlook.

Worked example

Shingle roof, 18 years old, 25-year life, replacement cost $28,000 ($19,000 materials, $9,000 labor). ACV endorsement depreciating materials only at 72%: $19,000 − $13,680 = $5,320 materials + $9,000 labor = $14,320, less deductible. If the carrier also depreciates labor: $28,000 × 28% = $7,840. If the policy had no ACV endorsement: $28,000 less deductible, with the depreciation recoverable after replacement. The endorsement, not the storm, decided $13,000 to $20,000 of the claim.

Frequently asked questions

Related terms

If this is your loss, call Homeland before you talk to the insurance company: Florida (305) 783-3777, New Jersey (732) 517-3777, 24 hours. A licensed public adjuster reviews the claim for free and calls you back right away. No Recovery, No Fee.

Sources

• Section 627.7011, Florida Statutes
• Section 627.701, Florida Statutes
• Rough Notes, homeowners roof surfacing coverage considerations

This article is for general information only and is not legal or insurance advice. Statutes, regulations and policy wording change, and how they apply depends on your own policy and the facts of your claim. Homeland Public Adjusters is a public adjusting firm, not a law firm.