What is the difference between ACV and a roof payment schedule?
Short answer. Plain ACV pays the roof's replacement cost minus depreciation that the adjuster calculates from age, expected life and condition. A roof payment schedule swaps that judgment for a fixed table: the insurer pays a set percentage of replacement cost based only on the roof's age and material, and the percentage drops as the roof gets older.
How a payment schedule works
The endorsement includes a table with roof age in rows and roofing material in columns. At claim time, the adjuster prices the replacement, finds your roof's age and material on the table, and multiplies the replacement cost by the listed percentage. The result is the roof payment before the deductible.
Hypothetical comparison
Say a replacement costs $16,000 and the roof is 14 years old.
- Plain ACV: with a 25-year expected life, depreciation is 56 percent, so ACV is $7,040. If the roof was in good condition, the adjuster may depreciate less.
- Payment schedule: if the table showed 40 percent for a 14-year-old asphalt shingle roof, the payment would be $6,400, regardless of condition.
These percentages are examples only. Real tables vary by insurer and material.
Pros and cons for homeowners
- Schedule: predictable and easy to check, but it ignores a well-maintained roof and can drop steeply with age.
- Plain ACV: condition can help you, but depreciation becomes a negotiation over age and life expectancy.
What to check
- The roof age the insurer has on file. One wrong year can change the percentage.
- Which perils the schedule applies to.
- Whether the percentage applies to the whole roof estimate or only the roofing material lines.
Read more in roof payment schedule endorsements and ACV vs RCV.