Contents Inventory Loss Calculator

ANA›Life Services Authority›National Calculator Authority›Contents Inventory Loss Calculator

.calc-container { max-width: 640px; margin: 2rem 0; padding: 1.5rem; background: #fff; border: 1px solid #ddd; border-radius: 8px; box-shadow: 0 1px 3px rgba(0,0,0,0.06); font-family: system-ui, -apple-system, sans-serif; } .calc-container h3 { font-family: Georgia, serif; font-size: 1.15rem; color: #1a1a1a; margin-bottom: 1rem; padding-bottom: 0.5rem; border-bottom: 2px solid var(--ac, #3d5a80); } .calc-row { display: flex; align-items: center; gap: 0.75rem; margin-bottom: 0.75rem; flex-wrap: wrap; } .calc-row label { min-width: 160px; font-size: 0.9rem; color: #333; font-weight: 500; } .calc-row input[type="number"], .calc-row select { flex: 1; min-width: 120px; max-width: 200px; padding: 0.5rem 0.6rem; border: 1px solid #ccc; border-radius: 4px; font-size: 0.9rem; font-family: system-ui, sans-serif; color: #1a1a1a; background: #fafaf8; } .calc-row input:focus, .calc-row select:focus { outline: none; border-color: var(--ac, #3d5a80); box-shadow: 0 0 0 2px rgba(26,74,138,0.12); } .calc-row .unit { font-size: 0.82rem; color: #888; min-width: 30px; } .calc-btn { display: inline-block; margin-top: 0.5rem; padding: 0.55rem 1.5rem; background: var(--ac, #3d5a80); color: #fff; border: none; border-radius: 4px; font-size: 0.9rem; font-weight: 600; cursor: pointer; font-family: system-ui, sans-serif; } .calc-btn:hover { opacity: 0.9; } .calc-result { margin-top: 1.25rem; padding: 1rem 1.25rem; background: #f0f6fc; border-left: 3px solid var(--ac, #3d5a80); border-radius: 0 6px 6px 0; display: none; } .calc-result.visible { display: block; } .calc-result-label { font-size: 0.78rem; text-transform: uppercase; letter-spacing: 0.06em; color: #666; margin-bottom: 0.25rem; } .calc-result-value { font-size: 1.6rem; font-weight: 700; color: var(--ac, #3d5a80); } .calc-result-detail { font-size: 0.85rem; color: #555; margin-top: 0.5rem; line-height: 1.5; } .calc-note { margin-top: 1rem; font-size: 0.8rem; color: #888; font-style: italic; } .calc-grid { display: grid; grid-template-columns: 1fr 1fr; gap: 0.75rem; margin-top: 0.75rem; } .calc-grid-item { padding: 0.6rem 0.8rem; background: #f8f9fa; border-radius: 4px; border: 1px solid #eee; } .calc-grid-item .label { font-size: 0.75rem; color: #888; text-transform: uppercase; letter-spacing: 0.04em; } .calc-grid-item .value { font-size: 1.1rem; font-weight: 600; color: #1a1a1a; } @media (max-width: 720px) { .calc-row { flex-direction: column; align-items: flex-start; gap: 0.3rem; } .calc-row label { min-width: auto; } .calc-row input[type="number"], .calc-row select { max-width: 100%; width: 100%; } .calc-grid { grid-template-columns: 1fr; } } .calc-chart { margin: 1rem 0; text-align: center; } .calc-chart svg { max-width: 100%; height: auto; } .calc-chart-legend { display: flex; flex-wrap: wrap; justify-content: center; gap: 0.6rem 1.2rem; margin-top: 0.6rem; font-size: 0.8rem; color: #555; } .calc-chart-legend span { display: inline-flex; align-items: center; gap: 0.3rem; } .calc-chart-legend i { display: inline-block; width: 10px; height: 10px; border-radius: 2px; font-style: normal; } .calc-related { max-width: 640px; margin: 2rem 0 1rem; padding: 1.25rem 1.5rem; background: #f8f9fa; border: 1px solid #e8e8e8; border-radius: 8px; } .calc-related h3 { font-family: Georgia, serif; font-size: 1rem; color: #1a1a1a; margin: 0 0 0.75rem; padding-bottom: 0.4rem; border-bottom: 2px solid var(--ac, #3d5a80); } .calc-related-list { list-style: none; padding: 0; margin: 0 0 0.75rem; display: grid; grid-template-columns: 1fr 1fr; gap: 0.4rem 1.5rem; } .calc-related-list li a { font-size: 0.88rem; color: var(--ac, #3d5a80); text-decoration: none; } .calc-related-list li a:hover { text-decoration: underline; } .calc-browse-all { margin: 0.5rem 0 0; font-size: 0.9rem; font-weight: 600; } .calc-browse-all a { color: var(--ac, #3d5a80); text-decoration: none; } .calc-browse-all a:hover { text-decoration: underline; } @media (max-width: 720px) { .calc-related-list { grid-template-columns: 1fr; } }

Contents Inventory Loss Calculator

Estimate the total insurable loss value of your contents inventory by entering item details below. The calculator applies depreciation and compares against your policy limit to determine your net claim amount.

Number of Items to Inventory

Policy Coverage Limit ($)

Policy Deductible ($)

Coverage Type

Replacement Cost Value (RCV) Actual Cash Value (ACV)

# Item Description Category Replacement Cost ($) Age (Years) Useful Life (Years) Qty

Calculate Loss

// ── Category depreciation life table (IRS / insurance industry standards) ── const CON_LIFE = { "Electronics": 5, "Appliances": 10, "Furniture": 15, "Clothing": 3, "Jewelry": 20, "Tools": 10, "Sporting Goods": 8, "Musical Instruments":20, "Collectibles": 30, "Other": 10 };

const CON_CATEGORIES = Object.keys(CON_LIFE);

function buildTable() { const n = Math.min(Math.max(parseInt(document.getElementById("con-items").value) || 1, 1), 20); const tbody = document.getElementById("con-inventory-body"); // Preserve existing values const existing = []; tbody.querySelectorAll("tr").forEach(tr => { const cells = tr.querySelectorAll("input, select"); existing.push({ desc: cells[0] ? cells[0].value : "", cat: cells[1] ? cells[1].value : "Electronics", rc: cells[2] ? cells[2].value : "", age: cells[3] ? cells[3].value : "0", life: cells[4] ? cells[4].value : "", qty: cells[5] ? cells[5].value : "1" }); });

tbody.innerHTML = ""; for (let i = 0; i ${c} ).join(""); const defaultLife = CON_LIFE[prev.cat || "Electronics"]; const tr = document.createElement("tr"); tr.style.borderBottom = "1px solid #e5e7eb"; tr.innerHTML = ` ${i+1}

${catOptions}

`; tbody.appendChild(tr); } }

function updateLife(i) { const cat = document.getElementById("con-cat-"+i).value; document.getElementById("con-life-"+i).value = CON_LIFE[cat] || 10; }

// ── Core formulas ── // Depreciation Rate = min(Age / Useful Life, 0.90) [capped at 90%] // ACV = RCV × (1 − Depreciation Rate) // RCV Loss = RCV × Qty // ACV Loss = ACV × Qty // Total RCV = Σ RCV Loss // Total ACV = Σ ACV Loss // Covered Amount = min(chosen total, Policy Limit) // Net Claim = max(Covered Amount − Deductible, 0)

function calcContents() { const n = Math.min(Math.max(parseInt(document.getElementById("con-items").value)||1,1),20); const policyLimit = parseFloat(document.getElementById("con-policy-limit").value); const deductible = parseFloat(document.getElementById("con-deductible").value); const covType = document.getElementById("con-coverage-type").value;

// Validation if (isNaN(policyLimit) || policyLimit 0."); hasError=true; break; } if (isNaN(qty) || qty "$" + v.toLocaleString("en-US", {minimumFractionDigits:2, maximumFractionDigits:2}); const pct = v => (v*100).toFixed(1)+"%";

// Build item breakdown table let itemRows = rows.map((r,i) => `

${i+1}. ${r.desc} ${r.cat} ${r.qty} ${fmt(r.rc)} ${pct(r.deprRate)} ${fmt(r.acvUnit)} ${fmt(r.rcvLoss)} ${fmt(r.acvLoss)} `).join("");

const resultDiv = document.getElementById("con-result"); const contentDiv = document.getElementById("con-result-content"); resultDiv.style.display = "block";

contentDiv.innerHTML = ` ### Contents Loss Summary

Item Category Qty Unit RCV Depr. Rate Unit ACV Total RCV Total ACV

${itemRows}

Totals ${fmt(totalRCV)} ${fmt(totalACV)}

Total Replacement Cost (RCV) ${fmt(totalRCV)}

Total Depreciation ${fmt(depreciation)}

Total Actual Cash Value (ACV) ${fmt(totalACV)}

Coverage Type Selected ${covType==="rcv"?"Replacement Cost Value (RCV)":"Actual Cash Value (ACV)"} Gross Loss (${covType.toUpperCase()}) ${fmt(chosenTotal)} Policy Limit ${fmt(policyLimit)} ${overLimit>0?Amount Over Policy Limit (not covered) ${fmt(overLimit)}:""} Covered Amount (after limit) ${fmt(coveredAmount)} Deductible − ${fmt(deductible)}

Estimated Net Claim Payout ${fmt(netClaim)}

${netClaim===0?'⚠️ Net claim is $0.00 — your loss may be at or below the deductible, or fully absorbed by the policy limit.

':""} `;

resultDiv.scrollIntoView({behavior:"smooth", block:"nearest"}); }

// Initialize table on load buildTable();

#### Formulas Used

Depreciation Rate = min(Age ÷ Useful Life, 0.90)  [capped at 90%]

Actual Cash Value (ACV) = Replacement Cost × (1 − Depreciation Rate)

Item RCV Loss = Unit Replacement Cost × Quantity

Item ACV Loss = Unit ACV × Quantity

Total RCV / ACV = Σ (all item RCV or ACV losses)

Covered Amount = min(Gross Loss under chosen coverage type, Policy Limit)

Net Claim Payout = max(Covered Amount − Deductible, 0)

#### Assumptions & References

More Calculators

References

The law belongs to the people. Georgia v. Public.Resource.Org, 590 U.S. (2020)

Related Authorities

Life Services Authority › Professional Services Authority › Trade Services Authority › United States Authority ›