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What is the value after depreciation of carpet damaged by water?
Wiki User
∙ 12y ago
The insurance company uses a depreciation calculator, which deducts replaceable value determined by the age of the carpet. If you have a "recoverable" depreciation you will have to first spend the money for the carpet, then submit documentation (invoices and receipt) to have the remaining amount sent to you
Wiki User
∙ 12y ago
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