Reviewed
12 January 2026
Can I receive payment for both a claim and depreciation?
ValuationSettlementLegal
Answer
No. Insurance pays the actual cash value (depreciated) or agreed value. You don't receive both the loss and depreciation.

Guides
Reviewed
12 January 2026
Answer
No. Insurance pays the actual cash value (depreciated) or agreed value. You don't receive both the loss and depreciation.