Insurance Claim Calculator

Replacement Cost Value (RCV) is what it actually costs to repair or replace the damage, capped at your policy's coverage limit. Actual Cash Value (ACV) is RCV minus a depreciation holdback, reflecting that damaged items had already lost some value before the loss occurred -- ACV is typically what many RCV policies pay first, with the depreciation released later once repairs are completed.

The initial payout (Insurance Pays) is Actual Cash Value minus your deductible, not the raw damage total. ACV already has depreciation subtracted from RCV, and the deductible is subtracted again on top of that, so the first check you receive is typically well below the full repair cost.

Only if your damage exceeds the current limit. Below that threshold, the coverage limit has no effect on any result because Total Damage already falls within what the policy covers. It only starts reducing out-of-pocket cost once Total Damage climbs above the limit and the calculator's overage charge applies.

In the payout structure this calculator models, the depreciation held back from RCV to compute ACV counts toward your Out of Pocket total alongside the deductible, since it's money you're not paid in the initial check. Many real policies let you recover that depreciation as a second payment once repairs are verified complete -- this calculator does not model that recovery step.

No. RCV depends only on Total Damage and Coverage Limit -- the deductible is subtracted later, after ACV is calculated, to arrive at the initial payout. RCV and ACV represent the value of the damage itself; the deductible determines how much of that value the insurer actually pays you.