Sentences with phrase «worth after depreciation»

A policy can have customized coverage levels so that your belongings are insured for either their actual value (what they're worth after depreciation) or for replacement cost (what it would cost you to replace them), according to the Insurance Information Institute.

That means you can go out and buy the replacement property rather than just getting what it's worth after depreciation.

That means you can go out and buy the replacement property rather than just getting what it's worth after depreciation.

Not exact matches

While depreciation will be worth less at the lower corporate tax rate, NRF also notes that under the new tax code the full cost of equipment can be written off immediately, for any equipment acquired and put into service after September 27, 2017.

While one might put the brakes on this expectation after looking at the 175 % payout ratio, Enbridge's reported EPS numbers are largely impacted by depreciation on assets that may not be depreciating at the reported rate (many of these pipelines actually become worth a lot more over time).

The Hyundai's rate of depreciation is not too savage these days, but it's still not particularly heart - warming to think your # 21k investment — the approximate price of a 108bhp diesel SE Nav spec car — might be worth as little as # 8,000 after three years and 30,000 miles.

Depreciation is the measurement of how much less the car is worth after it is purchased.

If you had a 10 year old television that was worth $ 1500 when you bought it, but only worth $ 200 today - your home insurance company would replace your TV with a $ 200 television, or the actual cash value of the television today after depreciation.

In other words, you don't claim what it's worth today after depreciation — you claim the amount that it will cost you to go out and buy something equivalent today at retail.

However, if your policy only reimburses you the actual cash value, you'll receive how much that 2012 laptop is currently worth today after depreciation — which will not be nearly as much as you originally paid for it.

If you only have actual cash value coverage, you'll just get what those things are worth today after depreciation.

This type of homeowners insurance covers the loss or damage of property (including personal items) after deducting depreciation — meaning how much the items are currently worth, not how much was originally paid.

Reimbursement value reimburses you the full amount to replace items if they are stolen or damaged; actual cash value reimburses you the amount the items are worth now after years of depreciation.

Actual cost value will take into account depreciation on the items, and will pay what they were worth after adjustment.

You can get Illinois renters insurance that covers the actual value of the items, which is what they are worth now after depreciation or the replacement value.

In other words, you don't claim what it's worth today after depreciation — you claim the amount that it will cost you to go out and buy something equivalent today at retail.

With ACV coverage, you are reimbursed after a loss occurs in the amount the items lost are worth minus depreciation.