That's a good breakdown, makes sense. But I'm curious—does anyone know if switching from ACV to RCV mid-policy is even possible, or do you have to wait until renewal? Haven't found clear info on that yet...
I've wondered about that myself and asked an agent once—they mentioned it's usually renewal-only, but some insurers might let you switch mid-term with an inspection or something. Probably best to double-check directly with your provider, though... insurance can be weirdly inconsistent.
I dunno, from what I've seen, insurers can be more flexible than you'd expect. When I bought my place last year, I switched coverage mid-term after finding a better deal. My agent didn't even mention inspections or anything complicated—just some paperwork and a quick phone call. Maybe it depends on the company or even the state you're in? Insurance is definitely weird, but sometimes it's simpler than people make it sound.
That's interesting, but I wonder if your smooth experience might be more the exception than the rule. When I was shopping around recently, a couple of insurers mentioned needing inspections or at least detailed questionnaires before finalizing coverage—even mid-term switches. Maybe it's related to property age or local regulations? I'm still not totally clear on how consistent these practices are across the board... seems like there's a lot of variability in how insurers handle these processes.
From what I've seen, the variability you're noticing usually comes down to the insurer's internal policies and how risk-averse they are. Property age and local codes definitely play a role, but I've also noticed some companies just have stricter underwriting standards across the board. Had a client recently whose insurer required an inspection mid-term after switching, even though the roof was relatively new. Others barely asked questions. So yeah, consistency isn't exactly the industry's strong suit...
