Recoverable depreciation: What it is and how to get your full payout

When you file a home insurance claim, you might expect one big check to show up. But that’s not usually how it works. Your insurer may hold back part of the payout, which is something called recoverable depreciation. Knowing what that means and how to get that money released can help ensure you receive the full amount you’re entitled to after a loss. Learn more: Homeowners insurance: What it covers and how much you'll pay What is recoverable depreciation? Recoverable depreciation is the portion of your ...