The Garcia Family Thought They Were Fully Insured... The Depreciated Settlement Proved Otherwise.

Most Flood Insurance policyholders never realize how specific policy language can affect their policies — until they learn how it can affect a claim. My Policy Advocate™ helps you understand your coverage before you need it.

The Garcias’ ACV Loss*

The Garcia family, living in a flood zone, purchased NFIP coverage. After a major storm inundated their first floor, they faced a $100,000 loss. The insurer's settlement was only $11,800, based on Actual Cash Value (ACV)—which is depreciated value—for their contents.

Potential Denial (The Gap):

While structure coverage may offer replacement cost, most NFIP-style policies value contents based on depreciated Actual Cash Value (ACV), leading to a massive shortfall.

Risk Identified by My Policy Advocate:

Replacement cost gap for contents; outdated structure limits due to rapid market changes.

Policy Language:

“We will pay for loss to Personal Property at Actual Cash Value at the time of loss... We will not pay more for damaged personal property than the smaller of the... (1) Actual Cash Value of the property; or (2) cost to repair or replace the property.”

Discovery by Clara, our Ai Assistant:

Clara identifies the term “Actual Cash Value” (ACV) for contents and flags the lack of a “Replacement Cost Endorsement,” which is available through private flood carriers.

Questions to Ask Your Agent:

  • Does my policy structure and endorsement options—does any private US flood cover new-for-old or increased limits, not just depreciated value?

* This scenario described is fictious and is solely for illustrative or educational purposes so the insured has the opportunity to discuss these issues with their licensed insurance producer.

Why My Policy Advocate

We Read Every Line So You Don’t Have To.

  • Upload your policies (PDFs or insurer downloads).
  • Our AI assistant, Clara, analyzes every line for outdated limits, exclusions, or risky endorsements.
  • You get a clear summary and renewal reminders that help prevent coverage gaps.

Trusted. Secure. Independent.

  • 100% Satisfaction Guaranteed — or your money back.
  • Secure data storage on Google Cloud (never sold or shared).
  • Supported by independent advocates — not insurance companies.

Your Membership Helps Others, Too.

Each month, My Policy Advocate™ donates $100,000 to disaster-impacted communities. Members vote on where funds go — because true advocacy means Paying it Forward.

Don’t Wait for a Claim to Discover the Truth.

Join thousands of members who are taking control of their coverage and protecting what matters most.

See How Protected I Really Am
$99/year | 30-Day Satisfaction Guarantee or your money back
We're here 24/7

For Educational Purposes Only: My Policy Advocate is an educational platform, not a licensed insurance agent, broker, or financial advisor. We do not sell insurance or provide legal, financial, or tax advice. Our goal is to help you understand your existing policies.

© My Policy Advocate 2025