Most Popular Insurance Acronyms - Public Adjuster Training
Here we go over some of the most popular and most often used acronyms in the insurance claim industry:
RC – Replacement Cost
ACV – Actual Cost Value
ALE – Additional Living Expenses
EMS – Emergency Mitigation Services
ABCD – Dwelling, Other Structures, Personal Property, ALE
HO – Homeowner’s Policy
DP – Dwelling Policy
O&P – Overhead & Profit
LOU – Loss Of Use GCA – Gross Cost Amount
