Page 6 - MPRC Collateral (8.5 × 11 in)
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RCV Comparison
Based on $1,000,000 Worth of Damages
How do your three options compare?
MPRC
Insurance PAs &
Company MPRC uses actual repair costs as Lawyers
evidence to support the true RCV of
The Insurance cpmpany will Use best guess estimates which
the amount of loss. This means
apply policy exclusions and will take longer to argue in
that your home can be fully
understate the extent of Appraisal and in the Courts. You
repaired in a timely fashion and
damages to minimize the risk not getting the full RCV
RCV of your claim. This with quality workmanship. because of negotiations.
means that your home
RCV =
cannot be fully repaired in a
RCV = $900,000.00
quality manner.
$1,000,000.00 Minus 30%
RCV = fees=
$500,000.00 $630,000.00
The insurance company You only have $630,000 to
only pays $500,000 to repair $1,000,000 in
repair $1,000,000 in damages. Who is
damages. What short-cuts responsible for the shortfall
were taken? to complete the repairs?
