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Day 59, in the event of this catastrophe fire loss.... 2010-

帖子发表于 : 2014-05-16 9:17
jy101
Day 59, in the event of this catastrophe fire loss.... 2010-08-13 10:57:19

Day 59, in the event of this catastrophe fire loss....

Check is in the mail....

Insurance approve the proposal, first check is in the mail, it is for reimbursement on the structure after depreciation.

We going to get the second check after building code upgrade, then the final check is for reimbursement on depreciation coverage, aka replacement cost.

Since I am my own general contractor, insurance company pays 10% overhead and 10% profit to me, I expect we will have a surplus over 160k after the rebuild.