Actual Cash Value Calculator
Calculate the Actual Cash Value (ACV) of an item — replacement cost minus depreciation.
Disclaimer: Claim estimates are illustrative only. Actual settlements depend on your policy terms and insurer's assessment.
Calculate
Enter your values below.
Result
Actual Cash Value
0
Depreciation amount
0
Disclaimer: Claim estimates are illustrative only. Actual settlements depend on your policy terms and insurer's assessment.
Formula used
ACV = Replacement cost − (Replacement cost × Depreciation%)
Example: $1,200 replacement cost, 30% depreciation → ACV = $840.
How to use this calculator
- Enter Replacement cost, Depreciation (%).
- Press Calculate to see your result instantly.
FAQ
Frequently asked questions
What is Actual Cash Value?
The current worth of an item after accounting for its age, wear, and depreciation — often what ACV-based insurance policies pay out.
How is depreciation percentage determined?
Insurers typically use depreciation schedules based on the item's age, expected lifespan, and condition.
How is ACV different from replacement cost coverage?
Replacement cost coverage pays to replace an item at today's prices; ACV coverage pays only its depreciated value.
Can depreciation exceed 100%?
No — 100% depreciation would mean the item has no remaining value.