How the split is calculated
Each row is depreciated straight-line: age divided by expected life, capped at the maximum you pick. The first payment is the depreciated total minus your deductible. The holdback is the depreciation you can usually recover once repairs are complete — unless the policy pays actual cash value only.
Life expectancies that come up in New Mexico estimates
| Item | Range often used |
|---|---|
| Built-up or modified-bitumen flat roof | 15–25 years |
| Elastomeric roof coating | 5–10 years |
| Architectural shingles | 25–30 years |
| Evaporative cooler | 10–15 years |
| Stucco finish coat | 20–30 years |
| Interior paint | 8–12 years |
These ranges are general reference points, not rules. Estimating software and adjusters may use different figures, and condition matters as much as age.
Don’t miss the recovery window
Most replacement-cost policies set a time limit to finish repairs and claim the holdback. Put it on your calendar with the claim calendar builder.
Questions about this estimator
Can labor be depreciated?
Practices vary by policy and by court decision. Ask the carrier to explain in writing how its estimate treats labor, and talk to a New Mexico attorney if the answer matters to your claim.
What if I decide not to rebuild?
Under most replacement-cost policies you keep the actual cash value payment but may give up the held-back depreciation.
Is anything I type saved or sent?
No. The tool runs entirely in your browser. Close the page and the numbers are gone.