If a dry cleaner damages your favorite blouse, he should pay to replace it, right? Maybe not.
According to the International Fair Claims Guide for Consumer Textile Products, all clothes have a set lifespan, and they depreciate in value over that time. These lifetimes can be alarmingly short. A silk dress has a lifetime of two years, as do most dress shirts. Socks are only expected to be around for one measly year before they're kaput.
Unfortunately, sentimental value is not a factor. You can only expect to get 100 percent of your money back for replacement if your clothes are less than four months old. After that, value drops significantly -- the replacement cost for a year-old blouse in average condition is only 60 percent of its original price, and once you're past the two-year mark, you can only expect 20 percent, tops.