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Flat Modified Bitumen

Calculate the actual cash value of Flat Modified Bitumen 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 Flat Modified Bitumen at $1,000 RCV has an estimated ACV of $700.00 at 10.00% per year.

Depreciation rate: 10.00% / year
Keywords: modified bitumen, flat roof system, bitumen membrane, asphalt-based roofing

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%.