What does RPS value mean?
What does RPS value mean?
RPS basically means they can issue you, and charge you, for an RCV policy but pay you as an ACV policy!! How, you ask?? Well, if your roof becomes 10 years old, they only owe you the ACV portion. Again, the ACV portion would be the cost of the repairs, minus the depreciation, then subtract your deductible from that! May 6, 2019
