What is depreciation?

Roof depreciation is the amount your roof’s value has decreased over the years. You’ll get a first check for the value that your roof is worth today.
When filing a claim, your insurance company determines how much value it lost from years of wear and tear.
Depending on your insurance policy, you can get this lost value back with recoverable depreciation. After documentation proving that all the work has been completed, the insurance company sends you the final check, the recoverable depreciation.
But just know that getting recoverable depreciation depends on your insurance policy.