The purpose of the depreciation coefficient is to take into account the wear and tear of vehicles over 15 years old for breakdowns and damage that cannot be assessed by an expert appointed by the insurance company.
In the event of damage to a vehicle that is more than 15 years old (and for which the damaged part has not been replaced in the last 15 years), a depreciation coefficient may be applied to divide the cost of repairs between the vehicle owner and the lessee responsible. The application of the depreciation coefficient makes it possible to apportion the value of the parts needed to repair the vehicle, taking into account their loss of value due to use, age or technical progress.
For parts damaged after the fifteenth year, 50% of the total estimate will be shared between the owner and the lessee, only if the vehicle has not been inspected. If the damaged part has been replaced within the last 15 years, it is the owner's responsibility to send the supporting invoice with the estimate so that the depreciation coefficient is not applied.