Depreciation or holdback is money that your insurance company will hold until you can prove you have spent your claim money for the full replacement cost of your loss. They hold a specific amount back from the repair portion of the project until we send them completion photos as well as a certificate of satisfaction. Once they issue the final check, it is immediately due to ANR Restoration. The hold-back amount can usually be found on either the adjuster's repair estimate or the repair check stub they issued to you.