Roof & ACV · Carrier guide
State Farm ACV roof coverage, in plain English.
If your roof is on an Actual Cash Value endorsement, State Farm will depreciate the payout based on roof age at the time of the loss. Here's exactly how it works — and how to find out whether your own policy has it.
TL;DR
Many State Farm homeowners policies — especially on roofs older than 10–15 years in hail-prone states — use an ACV roof endorsement. ACV means depreciation comes out of your check before your deductible is applied. On a 15-year-old roof, that can cut the payout in half. The fix is to confirm your endorsement type on your declarations page and ask about RCV eligibility on renewal.
How State Farm calculates an ACV roof payout
ACV stands for Actual Cash Value. The formula is roughly: replacement cost − depreciation − deductible = your check. State Farm uses a standardized depreciation schedule based on roof material and age. On asphalt shingles, expect roughly 3–5% depreciation per year of roof age.
Real-dollar example: $20,000 hail-damaged roof
| Replacement cost | $20,000 |
| Depreciation (15-yr roof, ~60%) | −$12,000 |
| Deductible (2% of $400k home) | −$8,000 |
| Your check | $0 |
That same loss on an RCV endorsement: $20,000 − $8,000 deductible = $12,000 check, with the rest reimbursed once repairs are complete.
Is your State Farm roof on ACV or RCV?
Upload your declarations page — we'll find the exact endorsement and tell you what it means in dollars.
Frequently asked
Does State Farm pay replacement cost for roofs?
It depends on your endorsement. State Farm offers both Replacement Cost (RCV) and Actual Cash Value (ACV) roof endorsements depending on state, roof age, and material. Many newer policies — especially in hail states like Colorado, Texas, and Oklahoma — default to ACV after a certain roof age. Your declarations page will list the specific endorsement.
How do I know if my State Farm policy is ACV or RCV?
Look at your declarations page for a line item like 'Roof Surface — Actual Cash Value' or an endorsement code (often varies by state). If you see ACV anywhere near the roof line, the carrier will depreciate based on roof age at claim time. RateMyPolicy can find this in your dec page in under a minute.
What does ACV mean for my State Farm hail claim?
On a 15-year-old asphalt shingle roof, ACV depreciation can reduce the payout by 50–70% before your deductible is applied. A $20,000 roof replacement could net you $5,000–$8,000 after depreciation and deductible — leaving you to fund the rest of the rebuild.
Can I switch from ACV to RCV on a State Farm policy?
Sometimes — it depends on roof age, state availability, and inspection results. Newer roofs (typically under 10–15 years) are most likely to qualify for RCV. Ask your agent specifically for the 'Replacement Cost — Roof' endorsement and confirm the change shows on your next dec page.
Keep reading
Allstate ACV Roof Coverage
Allstate's ACV roof endorsements and what they pay after a hail claim.
Read moreRoof & ACVRoof Claim Payout Examples
Four real-dollar scenarios — best case to worst case, with the math.
Read moreRoof & ACVRecoverable Depreciation on a Roof Claim
Why the first check is small — and how to get the rest back.
Read more CalculatorACV vs RCV Roof Calculator
See exactly how much your roof payout shrinks under ACV.
Try the calculatorGeneral information, not legal or financial advice. RateMyPolicy is not affiliated with or endorsed by State Farm. Endorsement availability, depreciation schedules, and roof-age rules vary by state, agent, and underwriting year.