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Author: NoIDAtAll Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 17946  
Subject: Re: flood insurance Date: 12/1/2012 12:20 AM
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How does the NFIP compute ACV?

Good question - I will ask them, when I have available time to do so. I strongly suspect that I will get a pretty subjective answer:

How old is the building? How current are updates to the building (notably roof, electrical system, plumbing, heating and A/C systems), what was damaged, what was the age and condition prior to the flood and what comparisons are available.
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