Category: Article

THE 180 DAYS* RULE, WHAT’S THE HURRY? *The time period can differ between policies from 180 days to 2 years or more (concept is the same) Many homeowners' policies contain language similar to this: “The Company will not pay for any loss or damage on a replacement cost basis until the property is repaired, rebuilt… Continue reading Section 3: Recoverable Depreciation →

“There is no explicit requirement that the appraisers and umpire inspect the property or read the policy, and many do not.” State Farm Lloyds v. Johnson, 290 S.W.3d, 886, 890 (2009), footnote 23, citing Br. of Tex. Windstorm Ins. Ass’n As Amicus Curiae Supporting Pet’rs at 8 In footnote 23, the Johnson court recognizes that appraisers and umpires can… Continue reading Section 3: Onsite Inspection — Is it Required? →