View Loss Recap

Updated 1 year ago by Jake D.

The Loss Recap breaks down losses by type of coverage. 

To view the Loss Recap:

  1. Open an estimate, and select the Claim Info tab.
  2. Click the Loss Recap tab.

For each type of coverage, you can view the:

  • Replacement Cost Loss: the cost to repair or replace lost or damaged property, without depreciation, deterioration, or obsolescence.
  • Recoverable Depreciation: the depreciation amount that is paid back to the homeowner when the item has been replaced or repaired.
  • Non Recover Depreciation: the depreciation amount that is permanently deducted from the amount the insured receives for the loss.
  • ACV Loss: equal to the replacement cost minus applicable depreciation.
  • Deductible Applied: deductible amount applied to each coverage.
  • Insur. Carried Req %: the ratio of insurance coverage to the value of the property insured.
  • ACV Claim: equal to the replacement cost minus applicable depreciation and the deductible.
  • Potential Supp. Claim: the value withheld by the insurance company until the item has been repaired or replaced.
  • RC Claim: the ACV plus the Potential Supp. Claim.
  • Valuation - RCV & ACV: used when a valuation is attached to your assignment.

When the Auto update from estimate box is checked, the values automatically update when the estimate has changed.


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