Claim Amount Calculator

Estimate your net insurance claim payout from replacement cost, depreciation, deductible and coverage limit.

Disclaimer: Claim estimates are illustrative only. Actual settlements depend on your policy terms and insurer's assessment.

Estimate your claim

Coverage limit is optional — leave blank if there is no cap.

Result

Estimated net claim
$0
Actual Cash Value (ACV)
$0
Depreciation amount
$0
Your out-of-pocket cost
$0
Disclaimer: This is an illustrative estimate only, not a guarantee of your actual claim payout.

Formula used

ACV = Replacement cost − (Replacement cost × Depreciation%)

Net claim = min(ACV, Coverage limit) − Deductible

Example: $50,000 cost, 20% depreciation, $5,000 deductible, $100,000 limit → ACV $40,000, net claim $35,000.

How to use this calculator

  1. Enter the replacement or repair cost of the item.
  2. Enter the depreciation percentage that applies.
  3. Enter your deductible and, if applicable, your coverage limit.
  4. Press Calculate to see your estimated net claim.

FAQ

Frequently asked questions

What is Actual Cash Value (ACV)?

ACV is the replacement cost of an item minus depreciation for its age and condition. Many insurance policies pay out based on ACV rather than full replacement cost.

How is the net claim amount calculated?

The Actual Cash Value is capped at your coverage limit (if any), then your deductible is subtracted. The result, floored at zero, is the estimated net claim.

What is a deductible?

A deductible is the amount you agree to pay out of pocket before your insurer covers the rest of a claim.

Is this the exact amount my insurer will pay?

No. This is an illustrative estimate. Your insurer's actual assessment depends on your specific policy terms, adjuster evaluation, and applicable regulations.