Property Damage Settlement Estimator
ANA›Life Services Authority›National Calculator Authority›Property Damage Settlement Estimator
.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; } }
Property Damage Settlement Estimator
Estimate your property damage insurance settlement by entering repair costs, item age, policy details, and coverage type. Results are estimates only and do not constitute legal or insurance advice.
Total Repair / Replacement Cost ($)
Coverage Type
Replacement Cost Value (RCV) Actual Cash Value (ACV)
Age of Damaged Property (years)
Expected Useful Life of Property (years)
Policy Deductible ($)
Policy Coverage Limit ($)
Insurer Liability Percentage (%) (e.g. 100 if fully covered, less if partial fault or co-insurance applies)
Additional Living Expenses / Loss of Use ($) (if covered)
Calculate Settlement Estimate
function proCalc() { // --- Read inputs --- var repairCost = parseFloat(document.getElementById('pro_repair_cost').value); var coverageType = document.getElementById('pro_coverage_type').value; var itemAge = parseFloat(document.getElementById('pro_item_age').value); var usefulLife = parseFloat(document.getElementById('pro_useful_life').value); var deductible = parseFloat(document.getElementById('pro_deductible').value); var policyLimit = parseFloat(document.getElementById('pro_policy_limit').value); var liabilityPct = parseFloat(document.getElementById('pro_liability_pct').value); var additionalLiving = parseFloat(document.getElementById('pro_additional_living').value) || 0;
var errors = [];
// --- Validation --- if (isNaN(repairCost) || repairCost = 1 && itemAge > usefulLife) errors.push("Age of property cannot exceed its expected useful life."); } if (isNaN(deductible) || deductible 100) errors.push("Insurer Liability Percentage must be between 0 and 100."); if (additionalLiving 0) { resultDiv.innerHTML = 'Please fix the following:' + errors.map(function(e){ return ''; }).join('') + ''; return; }
// --- Core Calculations ---
// Step 1: Depreciation (ACV only) // Straight-line depreciation rate = Age / Useful Life (capped at 0–1) var depreciationRate = 0; var depreciationAmount = 0; var acv = repairCost;
if (coverageType === 'acv') { depreciationRate = Math.min(itemAge / usefulLife, 1.0); depreciationAmount = repairCost * depreciationRate; acv = repairCost - depreciationAmount; }
// Step 2: Apply liability percentage // Covered Loss = ACV (or RCV) × (Liability% / 100) var coveredLoss = acv * (liabilityPct / 100);
// Step 3: Subtract deductible var afterDeductible = Math.max(coveredLoss - deductible, 0);
// Step 4: Add additional living expenses (already covered separately, not subject to same deductible in most policies) var totalBeforeLimit = afterDeductible + additionalLiving;
// Step 5: Cap at policy limit var settlement = Math.min(totalBeforeLimit, policyLimit);
// --- Format helpers --- function fmt(n) { return '$' + n.toFixed(2).replace(/\B(?=(\d{3})+(?!\d))/g, ','); } function fmtPct(n) { return (n * 100).toFixed(2) + '%'; }
- // --- Build result HTML ---
- var coverageLabel = coverageType === 'rcv' ? 'Replacement Cost Value (RCV)' : 'Actual Cash Value (ACV)';
- var cappedNote = (totalBeforeLimit > policyLimit)
- ? '⚠ Capped at Policy Limit' + fmt(policyLimit) + ''
- '';
var acvRow = ''; if (coverageType === 'acv') { acvRow = 'Depreciation (' + fmtPct(depreciationRate) + ' × ' + fmt(repairCost) + ')− ' + fmt(depreciationAmount) + '' + 'Actual Cash Value (ACV)' + fmt(acv) + ''; }
var html = '### Settlement Estimate ' + '' + 'ItemAmount' + 'Repair / Replacement Cost (' + coverageLabel + ')' + fmt(repairCost) + '' + acvRow + 'After Liability Adjustment (' + liabilityPct.toFixed(1) + '%)' + fmt(coveredLoss) + '' + 'Less Deductible− ' + fmt(deductible) + '' + 'After Deductible' + fmt(afterDeductible) + '' + 'Additional Living Expenses / Loss of Use+ ' + fmt(additionalLiving) + '' + 'Total Before Policy Limit' + fmt(totalBeforeLimit) + '' + cappedNote + 'Estimated Settlement' + fmt(settlement) + '' + '';
if (coverageType === 'acv') { var holdback = repairCost - settlement - deductible; if (holdback > 0) { html += '💡 RCV Holdback Note: If you upgrade to RCV coverage, you may recover an additional ' + fmt(repairCost - acv) + ' in depreciation once repairs are completed and documented.
'; } }
resultDiv.innerHTML = html; }
// Show/hide depreciation fields based on coverage type document.getElementById('pro_coverage_type').addEventListener('change', function() { var show = this.value === 'acv'; document.getElementById('pro_depreciation_row').style.display = show ? '' : 'none'; document.getElementById('pro_useful_life_row').style.display = show ? '' : 'none'; }); // Initialize visibility (function() { var show = document.getElementById('pro_coverage_type').value === 'acv'; document.getElementById('pro_depreciation_row').style.display = show ? '' : 'none'; document.getElementById('pro_useful_life_row').style.display = show ? '' : 'none'; })();
#### Formulas Used
1. Depreciation (ACV only — straight-line method): Depreciation Rate = Age ÷ Useful Life Depreciation Amount = Repair Cost × Depreciation Rate ACV = Repair Cost − Depreciation Amount
2. Covered Loss: Covered Loss = ACV (or Repair Cost if RCV) × (Liability % ÷ 100)
3. After Deductible: After Deductible = max(Covered Loss − Deductible, 0)
4. Total Before Limit: Total = After Deductible + Additional Living Expenses
5. Estimated Settlement: Settlement = min(Total Before Limit, Policy Limit)
#### Assumptions & References
- Depreciation is calculated using the straight-line method: equal depreciation each year over the property's useful life. Some insurers use accelerated or schedule-based depreciation.
- Replacement Cost Value (RCV) pays the full cost to repair or replace damaged property with new materials of like kind and quality, without deducting for depreciation (ISO HO-3 / CP forms).
- Actual Cash Value (ACV) is generally defined as Replacement Cost minus Depreciation (per Broad Evidence Rule and most state insurance codes).
- The Liability Percentage accounts for co-insurance clauses, comparative fault, or partial coverage scenarios. A value of 100% means the insurer bears full responsibility.
- The settlement is capped at the Policy Coverage Limit as stated in the declarations page of the policy.
- References: ISO HO-3 Homeowners Policy Form; NAIC Property & Casualty Insurance Model Regulation; Couch on Insurance §175 (ACV definition); IRC §165 (casualty loss deduction guidance).
- This estimate is for informational purposes only. Consult a licensed public adjuster or insurance attorney for claim-specific advice.
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