Uncategorized

What is actual cash value of a 3 tab 40 square 20 year old roof?

**We need you to answer this question!**

###### If you know the answer to this question, please register to join our limited beta program and start the conversation right now!

## Related Questions

###### Asked in Insurance, Homeowner's Insurance

### If insurance company sends a check for roof replacement and one get it 'fixed' does he has to send the money back to insurance company?

Most policies will pay for roof damage on an "Actual cash value"
basis until the roof is replaced. Then, IF you have replacement
cost coverage they will make up the difference of the amount paid
under actual cash value and actual replacement cost, LESS the
amount of your deductible. If you elect not to repair or replace
the roof, your insurance company could exclude your roof from
further damage or additional payments until you show the monies
paid to you were used to repair or replace as indicated by their
estimate and claim payment. Otherwise, the money is yours unless
the home is mortgaged. If it is mortgaged, the check should have
been made to you and the mortgagee, and if the mortgagee endorses
it it is yours.

###### Asked in Homeowner's Insurance

### What do the terms RCV and ACV mean on a claim?

They stand for Replacement Cost Value and Actual Cost Value.
Replacement cost value means the true cost to replace the item in
today's market, meaning if you have damage to a roof and need to
replace it the payment will be based on current market pricing. In
an Actual Cash Value or ACV settlement in the same situation they
will depreciate the roof by determining it's life expectancy and
only pay you the depreciated amount.
In some situations they will also depreciate a RCV settled claim
but in that event you will typically have a specified amount of
time to replace the item and have the depreciation reimbursed
afterwards.

###### Asked in Plumbing, How To

### How to size roof drains?

###### Asked in Building and Carpentry, Math and Arithmetic, Area

### How do you find square yards of a roof?

To find the area of a roof in square yards, first measure how
long it is and how wide it is in feet. Multiply the two numbers
together to get the area in square feet.
Since there are 9 square feet in a square yard, divide the
number by 9 and you will have the area of the roof in square
yards.
If the house is L shaped, measure the different sections
separately and then add the square yards together.

###### Asked in Physics

### What does roof load rating mean?

###### Asked in Building and Carpentry

### What does 500 square mean as it pertains to roofs?

500 square would be 50,000 square feet. Not knowing in what
context this is used, it could be that it should read or mean 500
square feet which would be a small roof. 50,000 is a very large
roof. Shingles are figured in squares. 1 square is 100 square feet
made from 3 bundles of shingles on average. That is just how a roof
is figured so that there is a common reference point.

###### Asked in Home Improvement, Building and Carpentry, Shingles (infection)

### How many bundle of roofing shingles to cover 2800 square feet?

Roofing is sold by the "square" which is 100 square feet per
"square" and there are 3 buncles per square. A 2800 square foot
roof = 28 squares x 3 bundles per square = 84 bundles. Add about
10% (3-4 bundles) for trim waste. This is pretty accurate for a
simple hip roof. A roof with multiple valleys can take a bit
more.