Endorsements

Actual cash value loss settlement in admitted P&C products

Coverage classification

Form type
Endorsements
Topics
Valuation

Coverage intent

Actual cash value loss settlement applies depreciation or a payment schedule to covered property, with filed forms often focused on wind or hail losses to roof surfacing and other structures.

Coverage impact

The reviewed examples tie actual cash value to depreciation, roof-surface percentages, and limits on what the carrier will pay. This wording should be read with roof schedules and replacement-cost endorsements.

Where this language appears

Matching form records, product lines, state activity, and recent examples for this coverage language.

Matching form records

Recent records

Product submissions

Companies

Related insurance form pages

Related coverage topics