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Property Insurance Coverage Law Blog

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I have written for years about replacement cost benefits and the simple but often misunderstood principle behind them. Replacement cost is about indemnity through repair or replacement, not about forcing a policyholder to rebuild on the same dirt at all costs. A recent order applying a State Farm homeowners policy manages to get that principle …

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Insurance policies have a way of teaching hard lessons long after the premiums are paid. A recent Sixth Circuit decision, Piatt Lake Bible Conference Association v. Church Mutual, 1 is one of those cases that should be required reading for every policyholder, property manager, and insurance agent who ever uttered the phrase “replacement cost coverage” …

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Some debates are won in courtrooms. Some are won on stages. And some, apparently, are contemplated from a porcelain throne before the first cup of coffee has even cooled. Over the years, Steve Badger and I have crossed swords often. These are usually over hail appraisal, insurer conduct, policyholder rights, and the general direction of …

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I have seen this problem too many times to count. A recent federal court decision out of Tennessee drives the lesson home with painful clarity. Property owners routinely assume they are protected because their tenant procured insurance, listed them as a loss payee, and maybe even added them as an additional insured. Then a fire …

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I received a comment on the post, “RoofCON a Big Hit—USAA a Winner!” from a seasoned public adjuster reacting to a carrier rating that surprised him. His response was candid, experience-driven, and something many public adjusters quietly nod along with. I am quoting it in full because it deserves to be read carefully, not dismissed or …

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