Post by Trailstone Insurance Group
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Fannie Mae and Freddie Mac have updated their guidance to allow Actual Cash Value (ACV) roof coverage on eligible single-family homes and condos while still requiring the remainder of the dwelling to be insured at replacement cost. What does this change actually mean for homeowners? In our latest video, we explain the updated guidance, why many homeowners may already have an ACV roof without realizing it, and what to review on your policy before your next renewal or claim. š„ Watch the full video here: https://hubs.la/Q04nB_P30 #HomeInsurance #RoofInsurance #FannieMae #FreddieMac #ActualCashValue #ReplacementCost #InsuranceEducation #TrailstoneInsuranceGroup