$9.95 Per Yard Cost New $5.96
Calculate the actual cash value of $9.95 Per Yard Cost New $5.96 for insurance claims.
Example
Using a round-number example: a 3-year-old $9.95 Per Yard Cost New $5.96 at $1,000 RCV has an estimated ACV of $700.00 at 10.00% per year.
The Depreciation Calculator should be used as a general guide only; there are many variables which can affect an item's life expectancy that should be taken into consideration when determining actual cash value.
An item that is still in use and functional for its intended purpose should not be depreciated beyond 90%.