How the calculator depreciates items
Each line is depreciated in a straight line: age divided by expected life, capped at the maximum you choose. Carrier estimates may also adjust for condition or leave some items undepreciated, so treat the output as a planning figure.
Life expectancies you’ll often see
| Item | Common range used in estimates |
|---|---|
| Architectural shingles | 25–30 years |
| 3-tab shingles | 20–25 years |
| Metal roofing | 40–50 years |
| Interior paint | 8–12 years |
| Carpet | 8–12 years |
| Exterior wood siding | 25–40 years |
Getting the holdback paid
Most replacement-cost policies release recoverable depreciation when you show the repair or replacement is complete within a stated period. Calendar that period with the claim timeline builder and keep invoices and completion photos.
Questions about this tool
Can labor be depreciated?
Treatment of labor depreciation varies by policy wording and jurisdiction. Ask the carrier to explain its approach in writing and raise it with a South Carolina attorney if it matters to your claim.
What happens if I don’t repair?
Under most replacement-cost policies you keep the actual cash value payment, but the held-back depreciation may not be paid.
