Sentences with «to depreciate the value of the item»
Once a claim is made, the airlines can take their time determining the amount of the claim and they will depreciate the value of the items in your bag and require purchase receipts to back up your claim. (travelinsurancereview.net)
Answer 8: D. Replacement coverage in a personal property policy does not depreciate the value of items the way ACV coverage does. (rentersinsurance.net)
Generally the coverage is at replacement cost, which means that regardless of the age or depreciated value of the items that suffer the loss, you'll get the money you need to go buy something new of like kind and quality. (effectivecoverage.com)