Moisture Mapping
The process of documenting wet areas on a floor plan using moisture meter readings to define the scope of a water loss.
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Wave Intelligence
Wave's reasoning system — the part of the product that infers job context (residential vs. commercial, water category, scope) and shapes the estimate the way an experienced estimator would. Defensive bidding is one observable result.
Actual Cash Value (ACV)
The depreciated value of damaged property — replacement cost minus depreciation for age and wear.
Additional Living Expenses
Coverage for lodging, meals, and other costs when a home is uninhabitable during restoration.