Tag Archives: replacement cost

It’s Always a Good Idea to Read Your Insurance Policy

Among the basic rules of insurance are these two:  (a) always read your policy and (b) courts will construe clear and unambiguous insurance policy language by giving it its ordinary and plain meaning. This is the lesson that a policyholder learned after filing a claim for windstorm damage to his roof.  The question was whether … Continue Reading

To Match or Not to Match, That Is the Question

After Hurricane Sandy, I found some shingles missing off my roof.  My contractor said the entire roof should be replaced.  My insurer would only pay for replacing the missing shingles.  The type of shingle was readily available.  But what happens if the damage to the roof, siding, facade, floor occurs to only parts of those … Continue Reading
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