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Depreciation rates for home contents claims

When you file a contents claim, most policies pay Actual Cash Value (ACV) — replacement cost minus depreciation for age — unless you specifically have Replacement Cost Value (RCV) coverage. These are the general, industry-typical annual depreciation rates this app uses for its own current-value estimates, by category.

Important:real insurers use their own internal depreciation schedules, which are not standardized and can differ substantially for the same item between carriers. These numbers are a general estimate, never a specific insurer's real number.