Free Florida claim tool
Recoverable Depreciation Calculator
See the difference between your actual cash value (ACV) first check and your full replacement cost value (RCV) payout, plus how much recoverable depreciation your insurer is holding back until repairs are done.
Calculator
ACV vs RCV: What You Get Now and Later
Use the numbers from your insurer's estimate or adjuster worksheet. The depreciation amount is usually shown as a line on that estimate.
Florida claim guide
How Recoverable Depreciation Works
When you file a property claim, your insurer estimates the full replacement cost value (RCV) to fix the damage. They then subtract depreciation — wear, age, and condition — to get the actual cash value (ACV). Your first check is usually the ACV minus your deductible.
If you have a replacement cost policy, the depreciation that was subtracted is called recoverable depreciation. Once you actually complete the repairs and submit paid invoices or proof of completion, the insurer releases that held-back amount. Your total payout ends up being RCV minus your deductible.
Why This Matters Before You Settle
Many homeowners cash the ACV check and never claim the recoverable depreciation, leaving thousands of dollars on the table. Others assume the first check is the whole settlement and accept an underpaid claim. Knowing both numbers up front tells you what to expect now, what to expect after repairs, and whether the estimate looks too low.
What to Save
Keep the adjuster's estimate, the depreciation line items, all repair invoices, before-and-after photos, and every email. You typically must request recoverable depreciation within your policy's time limit, so do not delay once repairs are finished.
Disclaimer
This calculator is educational only. It is not legal, insurance, financial, or claims advice. Policy terms, depreciation methods, and recoverable depreciation rules vary by carrier and policy. Confirm all figures with your insurer, policy, or a licensed Florida public adjuster.