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Hail on a typical Carolina HO-3 can trigger dwelling coverage, but the check size depends on roof age, replacement cost versus actual cash value, and whether a matching endorsement was added. Neither South Carolina nor North Carolina requires a carrier to replace undamaged shingles so the roof matches.
Collision and comprehensive pay actual cash value minus the deductible after a covered total loss on a financed or leased vehicle in South Carolina and North Carolina. Gap coverage sits between that settlement and the contract payoff, and a dealer GAP waiver is not the same as an auto-policy endorsement.
Replacement cost pays current like-kind repair or rebuild up to the limit, with no depreciation deduction. Actual cash value starts from that same figure and subtracts age and wear on Carolina homeowners policies.
Welcome to Your 2026 Home Insurance Guide Navigating the complexities […]
