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Estimating & Workflow

Depreciation schedule

The table an insurer uses to figure how much value an item has lost by age and condition. It shows expected service life and the remaining value, and it is the basis for the actual cash value on a loss. It is one of the figures an adjuster applies when the policy pays actual cash value rather than replacement cost.

Common questions

What does "Depreciation schedule" mean in Xactimate estimating?

The table an insurer uses to figure how much value an item has lost by age and condition. It shows expected service life and the remaining value, and it is the basis for the actual cash value on a loss. It is one of the figures an adjuster applies when the policy pays actual cash value rather than replacement cost.

Where does "Depreciation schedule" show up in a claim?

The term matters on estimates and scopes across the insurance restoration workflow. Browse the glossary for related terms.

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