Insurance replacement-versus-cash settlement calculator

Calculate replacement-cost net settlement and cash-value net settlement with your own figures.

Your numbers

Use the units shown. Results update as you change valid inputs.

Choose the currency for these amounts. Changing it keeps your numbers and does not convert exchange rates.

Use replacement-cost net settlement and cash-value net settlement to compare changes to your inputs. The method and limits below explain the scope.

Examples

Examples

Try the starting example

Replacement cost (USD)
2000
Accumulated depreciation (USD)
600
Deductible (USD)
250
Policy limit (USD)
5000
Replacement-cost net settlement (USD)
$1,750.00
Cash-value net settlement (USD)
$1,150.00
Potential recoverable difference (USD)
$600.00

Try another scenario

Replacement cost (USD)
2001
Accumulated depreciation (USD)
600
Deductible (USD)
250
Policy limit (USD)
5000
Replacement-cost net settlement (USD)
$1,751.00
Cash-value net settlement (USD)
$1,151.00
Potential recoverable difference (USD)
$600.00
Calculation method

Calculation method

Replacement-cost net settlement (USD)

Compare min(value,limit) less deductible for replacement value and replacement less depreciation.

Cash-value net settlement (USD)

Compare min(value,limit) less deductible for replacement value and replacement less depreciation.

Potential recoverable difference (USD)

Compare min(value,limit) less deductible for replacement value and replacement less depreciation.

Symbols and units
a
Replacement cost (USD)
b
Accumulated depreciation (USD)
c
Deductible (USD)
d
Policy limit (USD)

Use the units shown. A list keeps the order in which you enter its values. The symbol ^ means “raised to the power of”.

Assumptions & limits

Assumptions & limits

  • User-supplied measurements and assumptions; Compare min(value,limit) less deductible for replacement value and replacement less depreciation. Supported limits: Finite numeric values bounded to 1e9 magnitude; lists and tables contain 1–100 records unless a stricter bound is stated. Inputs use the units shown. Lists explicitly paired by a method must have matching lengths; independent polynomial coefficient vectors may differ. Respect stated physical, interpolation, policy and computational domain limits.
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