What do ACV and RC mean on a roof estimate?
Short answer. RC, or RCV, is the replacement cost: what each line item costs at today's prices with no deduction for age. ACV is actual cash value, the RC minus depreciation, and the difference between the two columns on your estimate is the depreciation, which is either recoverable after the work is done or non-recoverable depending on your policy.
The columns on a typical roof estimate
- Quantity and unit: squares of shingles, linear feet of drip edge or ridge, each pipe boot.
- Unit price: from the insurer's regional price list.
- Tax: sales tax on materials.
- RCV or RC: the full replacement cost of the line.
- Depreciation: the amount subtracted, sometimes shown with the age and life used, such as 12 of 25 years.
- ACV: RCV minus depreciation.
The summary at the bottom
- Replacement cost value: the total of all lines, plus overhead and profit if included.
- Less depreciation: often split into recoverable and non-recoverable.
- Actual cash value: the total after depreciation.
- Less deductible: your share.
- Less prior payments: money already paid on the claim.
- Net claim: the amount of this payment.
- Recoverable depreciation: what you can claim after the work is completed, if your policy allows it.
Reading it quickly
If depreciation on the roof lines shows as recoverable, your roof is on replacement cost terms. If it is labeled non-recoverable, or there is a note about an ACV or payment schedule endorsement, the roof is on ACV terms. Layouts vary between carriers, so call the adjuster if the summary is unclear.
Line by line help is in how to read an Xactimate roof estimate, and the coverage difference is explained in ACV vs RCV.