Construction
Storm Damage Insurance Claim Calculator
Two linked estimates for a homeowner with a storm-damaged roof: the replacement cost of the roof, and what an insurance claim is likely to net once depreciation and your deductible are applied — including recoverable depreciation on an RCV policy versus a one-time ACV settlement.
Quick answer: On a replacement-cost (RCV) policy, a covered roof claim usually pays the full replacement cost minus your deductible — in two checks — so your out-of-pocket is typically just the deductible.
Step 1 — Repair & replacement cost
Step 2 — Insurance claim details
- Replacement cost (RCV)$13,915
- Depreciation (48% · 25-yr life)−$6,679
- Actual cash value (ACV)$7,236
- Your deductible−$1,500
- First check (ACV − deductible)$5,736
- Recoverable depreciation (after work is done)$6,679
- Your estimated out-of-pocket$1,500
Educational estimate only — not an offer of coverage or a guarantee a claim will be approved. On an RCV policy a covered loss is usually paid in two parts: an ACV check up front, then recoverable depreciation once the roof is replaced — so out-of-pocket is typically just the deductible. ACV policies pay depreciated value once. Carrier schedules, matching rules, and ordinance & law coverage vary; always read your policy.
How it works
1. Estimate replacement cost (RCV)
Roof size in squares × an installed cost per square for your material × a complexity factor gives the Replacement Cost Value — what a new roof costs today.
2. Subtract depreciation
Insurers write the roof down by age against its expected service life (straight-line, commonly capped at 80%). RCV minus depreciation is the Actual Cash Value (ACV).
3. Apply the deductible
On an RCV policy you typically get an ACV check up front, then the recoverable depreciation once the roof is replaced — so your out-of-pocket is usually just the deductible. ACV policies pay the depreciated value once.
Frequently asked questions
What's the difference between RCV and ACV?
Replacement Cost Value pays what a new roof costs today; Actual Cash Value pays that minus depreciation for the roof's age. RCV policies release the held-back depreciation after you complete the work; ACV policies do not.
How much will my roof claim pay out?
On an RCV policy, roughly the full replacement cost minus your deductible, paid in two checks. The calculator estimates both the first (ACV) check and the recoverable depreciation. This is an educational estimate, not a coverage guarantee.
What is a wind/hail percentage deductible?
Many policies in storm-prone states use a deductible set as a percentage of your dwelling coverage (commonly 1%, 2%, or 5%) rather than a flat dollar amount. On a $350,000 dwelling, a 2% deductible is $7,000.