Subro Sense - The ABC's of RCV and ACV

Butler Weihmuller Katz Craig LLP
Contact
Oftentimes, third-party liability adjusters will refuse to pay the full amount of the “Repair Cost Value” (“RCV”) of the damages included in the subrogation demand, and contend that they only owe “Actual Cash Value” (“ACV”), regardless of the amount paid in the underlying First-Party Property claim. Join host, Aaron Jacobs and guest host, Raymond Franks with Rimkus Consulting Group as they discuss and dissect the ABC’s of RCV and ACV damages evaluations and the associated potential effects on your subrogation recovery.
Embed
Copy

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Butler Weihmuller Katz Craig LLP | Attorney Advertising

Written by:

Butler Weihmuller Katz Craig LLP
Contact
more
less

Butler Weihmuller Katz Craig LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide

This website uses cookies to improve user experience, track anonymous site usage, store authorization tokens and permit sharing on social media networks. By continuing to browse this website you accept the use of cookies. Click here to read more about how we use cookies.