I have replacement cost coverage. Why did you show depreciation on the estimate?

Claims are usually settled at Actual Cash Value which is replacement cost less depreciation based on the age of the damage item(s).  If there is replacement cost coverage for the damage, we will pay up to the depreciated amount on each item or up to your coverage limits once you have repaired or replaced the covered item(s).  Ask your local Kentucky Farm Bureau agent about specific coverage or claim.