How Depreciation Actually Works on Insurance Claims — and How Not to Get Shortchanged

https://www.alphabookmarks.win/when-should-you-review-your-home-insurance-policy-a-fire-smoke-and-a-hard-lesson

You file a claim after a pipe bursts or a burglary. The adjuster inspects, nods, and then you get a check that feels... low. The reason most people get confused and frustrated is depreciation. Insurers reduce payouts for the age and wear of items