Storm damage can turn your home upside down, from shattered windows to ruined roofs. Filing an insurance claim is often the next step, but terms like Actual Cash Value (ACV) and Replacement Cost Value (RCV) can make the process feel like a maze.

The surprise expense of an insurance deductible is a good news/bad news scenario. On the one hand, your insurance is taking care of a repair that would otherwise cost you multiple thousands. On the other hand, you still have to come up with some cash.