# Replacement-as-new value, current value and depreciation

> Why you sometimes receive less than the as-new price, and what the widely used 40% rule means.

*Gepubliceerd: 2026-06-08* · *Categorie: uitleg*

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Whether you are reimbursed the as-new price or a lower amount depends on concepts that every claimant encounters: replacement-as-new value, current value and depreciation.

## The concepts

- **Replacement-as-new value:** the amount needed to buy the same item (or a comparable one) new again.
- **Current value:** the replacement-as-new value minus the reduction in value due to age and use (depreciation).

## The widely used 40% rule

Many contents insurers pay out the replacement-as-new value, but switch to the **current value** as soon as the current value is less than 40% of the replacement-as-new value. This is particularly relevant for older electronics and items you no longer used (in the loft, for example).

## An example

A laptop costing EUR 1,000 depreciates at, say, 20% a year. After 1 year it is still worth 80% → the replacement-as-new value is paid. After 4 years only 20% → below the 40% threshold, so current value (EUR 200). Repairable items are usually reimbursed at the cost of repair, up to a maximum of the replacement-as-new value.

## Why this matters

Insurers use different depreciation tables and lifespans. It is precisely here that large differences arise between a first proposal and what is genuinely reasonable. An independent expert reviews the depreciation applied.

> **Tip** — For art, antiques and rare items, a separate valuation (rarity value) often applies, not the standard depreciation.