Discover how recoverable depreciation in home insurance covers replacement costs, impacts claims, and ensures full recovery of your belongings' value.

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If you have to file a homeowners insurance claim to replace damaged, destroyed or stolen items, you might be surprised to learn your policy doesn't necessarily cover the full cost of a replacement.

It's free, simple and secure. In home insurance, recoverable depreciation is the difference between your property's actual cash value and replacement value. Home insurance companies usually pay ...