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Auto>General Auto

What is non recoverable depreciation?

Anonymous

∙ 13y ago

Updated: 9/20/2023

It is the depreciation amount that is not covered by the policy.

Polices that are based on ACV (Actual Value), rather than RC (Replacement Cost) do not cover value lost due to depreciation.

Wiki User

∙ 13y ago

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What is recoverable depreciation

Maria Purvis ∙

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∙ 4y ago

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