Calculators › Claims & settlements

Actual cash value calculator

Actual cash value settlements pay what an item was worth the moment before the loss, not what a new one costs, and the difference is depreciation.

Replacement cost new ($)Age of item (years)Expected life (years)Salvage value (%)

This is an educational tool, not a quote or advice. It uses general formulas and the figures you enter. Policy terms, state rules and insurer practice vary, so check anything important with a licensed agent.

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Calculate the reduction applied to a claim when a property is insured below its coinsurance requirement.

Depreciation holdback

See how much of a claim is held back as depreciation and what you must do to recover it.