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Gas, Electric Heater

Calculate the actual cash value of Gas, Electric Heater for insurance claims.

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Individual calculations are not published; only anonymous aggregates appear when sample size qualifies.

Example

Using a round-number example: a 3-year-old Gas, Electric Heater at $1,000 RCV has an estimated ACV of $769.23 at 7.69% per year.

Depreciation rate: 7.69% / year
Keywords: gas heater, electric heater, space heater, room heating unit, portable heater, wall-mounted heater, home heating appliance

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%.