ACV vs. RCV: Understanding Your Minnesota Roof Insurance Payout

When you file a Minnesota roof claim, two acronyms decide how much you actually get: ACV and RCV. Understanding them keeps thousands of dollars from slipping through the cracks.

What is ACV (Actual Cash Value)?

ACV pays the depreciated value of your roof — replacement cost minus wear and age. On an older roof, that first check can be a lot less than a new roof costs.

What is RCV (Replacement Cost Value)?

RCV pays the full cost to replace your roof. It’s typically paid in two parts: an initial ACV check, then the “recoverable depreciation” once the work is completed and invoiced.

How recoverable depreciation works

That second check is money you’re owed — but only if the roof is actually replaced and documented. Many homeowners leave it unclaimed. A good contractor makes sure you recover it.

Your out-of-pocket cost

On most RCV policies, you ultimately pay only your deductible. On ACV policies, you cover the depreciation too — so knowing your policy type before you start matters.

We help you through it

We work with adjusters every storm season and document claims so nothing is left on the table. Three Rivers Contracting is a licensed Minnesota general contractor (MN GC #BC760638), rated 4.9★ across 72 Google reviews, BBB A+ accredited, and certified for GAF, Owens Corning, Andersen and Pella. We self-perform our work — no subcontracted crews.