# Electric Stoves, Ranges Depreciation Calculator

_Major Appliances_

Canonical: https://www.claimspages.com/tools/depreciation/major-appliances/electric-stoves-ranges/

- **Expected useful life:** 15 years
- **Annual depreciation rate:** 6.67% / year
- **Formula:** ACV = RCV − (rate × RCV × age), floored at zero

## Example

Using the observed median age and replacement cost: a 6-year-old Electric Stoves, Ranges at $900 RCV has an estimated ACV of $540.00 at 6.67% per year.

## What adjusters enter for this item

Amounts entered by users of this calculator (not carrier settlements).

- **Median replacement cost:** $900
- **Typical range (25th–75th percentile):** $630 – $2,000
- **Median age entered:** 6 years

Based on 301 included calculations. As of Oct 20, 2026.

## Guidance

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%.

Individual calculations are not published; only anonymous aggregates appear when sample size qualifies.
