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The estimate to replace the roof is $10,400.00. Your deductible is 1% of Cov A - Dwelling which I'm assuming is at least $200k. Depreciation will likely be 80% on a 20 year old roof. Therefore, $10,400
-$2,000 Deductible
-$8,320 Depreciation
= $80.00 ACV Claim
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You’re saying that you have an ACV only endorsement for the roof?
Yes, the roof age is listed as 2000 so the roof is nearly to the end. I think the scenario would be.. my policy tiering goes from excellent to Meh… because I put in a claim.. but I got zero dollars for the claim because it’s an old roof. The damage is overall small area.