Claim words
The words your adjuster uses, in plain English.
Every one of these turns up in a claim, and each one changes what you get paid. One page each, answering what it means for your money.
The money
What your things are worth
The four numbers a settlement is built from.
- Replacement cost (RCV)What it costs to buy the same thing new today.
- DepreciationWhat the insurer knocks off for age and wear.
- Actual cash value (ACV)What your item is worth used — not what it costs to buy the same thing new.
- Recoverable depreciationThe part they still owe you once you replace the item.
Your policy
What your policy covers
Where the limits and the exclusions come from.
The paperwork
What you send, and what comes back
The documents a contents claim runs on.
See them worked out on real lines
Indemnia does this arithmetic for you. Every loss report shows replacement cost, depreciation and actual cash value for each item, with the receipt that backs it.