Work out depreciation on claim instantly with clear inputs, formula shown and shareable results.
On a standard motor own-damage claim the insurer deducts depreciation by material: 50% on rubber, plastic and nylon parts regardless of age, nil on glass, and an age-based scale on metal parts. Labour is paid in full, which is why bodywork-heavy claims settle better than parts-heavy ones.
Rubber and plastic
Depreciation = 50% of parts value, at any age
Metal parts
5% under 1 year, 10% to 2, 15% to 3, 25% to 4, 35% to 5, 40% to 10, 50% thereafter
Indicative estimate only. Fees, entitlements, limits and formulas vary by jurisdiction, statute, policy wording and the facts of the case. This is not legal, tax, insurance or financial advice — confirm with a qualified professional or the relevant authority.
No. Glass is normally replaced without depreciation deduction under standard policies.
A zero-depreciation add-on waives them, usually for the first five years of the vehicle's life and often with a limit on the number of claims.