Property Damage Claim Calculator
Estimate the net payout for a property damage claim.
Disclaimer: Claim estimates are illustrative only. Actual settlements depend on your policy terms and insurer's assessment.
Calculate
Enter your values below.
Result
Estimated net payout
0
Actual Cash Value
0
Disclaimer: Claim estimates are illustrative only. Actual settlements depend on your policy terms and insurer's assessment.
Formula used
Net payout = min(ACV, Coverage limit) − Deductible
Example: $25,000 repair, 10% depreciation, $2,000 deductible → net payout ≈ $20,500.
How to use this calculator
- Enter Repair cost, Depreciation (%), Deductible, Coverage limit.
- Press Calculate to see your result instantly.
FAQ
Frequently asked questions
What is a coverage limit?
The maximum amount your policy will pay for a covered loss — leave this blank if your policy has no specific cap relevant here.
Does homeowners insurance usually apply depreciation?
It depends on whether your policy is 'replacement cost' or 'actual cash value' — check your specific policy terms.
What if repair cost exceeds my coverage limit?
The payout is capped at the coverage limit; you'd be responsible for the difference.
Does this cover contents separately from the structure?
No, use this for one damage estimate at a time — run it separately for structure and contents claims if needed.