I will pay for actual damages.
However, I am being charged full replacement value on the parts and labor.
A case in point, when I had some clothes damaged by the cleaner, they paid 20% of their value, as they were used.
Ditto, if I get into an accident, the insurance pays the damages, but only at the "assessed value" of the car, usually even just 80% of that.
Yes, I am being a prick, but we live in a society where this is common.