Most insurance policies will state that they will pay the reasonable cost of repair or replacement of damaged or stolen property, without deducting any amount for depreciation, up to the amount of coverage.
It is not uncommon for an insurance company to limit its investigation into the extent of your property damage. Your insurance company has a duty to fully investigate your claim at the earliest possible opportunity. Don’t allow your insurance company to get away with underestimating the cost of repair by conducting a limited investigation.
Insurance companies have a duty to act reasonably in handling claims. Insurance companies have to give equal consideration to your interests as well as its own.
You don’t have to accept your insurance company’s decision to deny your claim. Call us for a free consultation with a partner of our firm. We will fight for everything you are entitled to.