Your Settlement Offer

Your Settlement Offer is ready! Here is some information to help you understand the details of your Settlement Offer.

Replacement Cost
Depreciation
Actual Cash Value

Personal Property Coverage

Actual Cash Value means your belongings are covered for Replacement Cost minus Depreciation, reflecting the decrease in the item’s value due to its Age, Condition, and other factors.

Special Policy Limits

Some categories of Personal Property Coverage may have a maximum dollar limit by group, such as Jewelry.

Deductible

When you file a claim for a covered loss you may be responsible for paying a set dollar amount toward the damages, called a Deductible, to repair or replace whatever is damaged or stolen.

Settlement Report

A Settlement Report is available for download which summarizes your settlement and provides line item details.

Ready to review your settlement?