Actual Cash Value Calculator

Your details

Labels the item being valued. Look up the typical insurance lifespan for the category in the reference table below, then enter it in the Expected lifespan field.
The cost to replace the item brand-new at today's prices.
USD
How old the item is today in years.
years
The total useful life of the item as used by your insurer. See the reference table below for typical lifespans by item category.
years
Straight-line is the standard method used by most insurers. Declining-balance methods front-load depreciation, which better reflects items like electronics that lose value quickly.
The minimum residual value as a percentage of replacement cost (0 to 50). Use this when the item retains scrap or trade-in value even at end-of-life.
%
Currency
Actual Cash ValueModerate depreciation
18,181.82USD

What insurance would pay for your item today

Total depreciation6,818.18USD
Depreciation rate27.3%
Annual depreciation2,272.73USD
Remaining life8years
27.3% %
Low<25%Moderate25%-60%High60%+

Insurance payout estimate: $18,182

  • Your item has depreciated 27.3% of its replacement cost, representing $6,818 in lost value.
  • With 8.0 years of useful life remaining, the insurer assigns $18,182 as the payout.
  • Replacement cost (RC) coverage pays for a new item without deducting depreciation and typically costs more in premiums but prevents out-of-pocket losses.

Next stepIf your insurer uses straight-line depreciation, this is the standard payout formula. Request an itemized depreciation schedule to verify their calculation matches this result.

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