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Damage Claim Settlement Calculator
Post-tenant damage requires claim documentation. This calculator sizes total damage claim including repair, rent loss, and deposit offset.
Net claim after deposit
$3,600
Total damage amount
$5,400
Lost rent during repair
$900
How the math works
Claim = repair cost + lost rent − deposit. Document everything in move-out inspection and retention report.
Most damage claims are under $5k and resolvable via deposit offset. Bigger claims require litigation. Preserving deposit documentation is cheap insurance.
How to Use
- Enter repair cost.
- Enter lost rent during repair.
- Enter tenant's security deposit.
- Read net claim.
Frequently Asked Questions
What's documented for claim?
Itemized repair estimate, photos before + after, invoice copies for actual repairs, and written inspection at move-in/move-out. Without these, claim is weak.
Deposit max?
Deposit = offset. If damage exceeds deposit, LL sues for balance. Many states require detailed itemized statement within 14-30 days of move-out, or lose right to deposit.
Collecting?
Small claims court under $10k jurisdictional limit in most states. Higher via civil court. Skip trace + wage garnishment post-judgment. Recovery rate 10-30% realistically.
How do insurance carriers view this?
Insurance carriers underwrite per-peril and often stack deductibles — named storm, wind, hail, flood, and standard can all apply separately on a single event. Confirm with your broker which deductibles actually apply to your policy and stress-test liquidity against the highest applicable deductible. Endorsements and riders can modify base terms; read declarations carefully and keep a written summary on file for claim time.
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