Glossary
Standard of Care
The level of skill and care expected from a reasonably competent restoration professional — the benchmark used in disputes and litigation.
Wave Team·
More information coming soon.
Related Articles
Glossary
Actual Cash Value (ACV)
The depreciated value of damaged property — replacement cost minus depreciation for age and wear.
Glossary
Additional Living Expenses
Coverage for lodging, meals, and other costs when a home is uninhabitable during restoration.
Glossary
Adjuster
An insurance professional who investigates claims, assesses damage, and approves estimates.