Quote:
Originally Posted by undercoverbrother
It's a long story to get into, but they owe him the value of the property.
If the damaged fence is $1000 to replace (new fence boards/screws/posts/concrete) and the fence if 50% through it's life expectancy they only owe him $500.
If the OP presents a homeowners claim and carries replacement cost coverage his insurance company would pay the $1000 to replace the damaged fence.
The insurer would then go back to the City to pay up, but they wouldn't get $1000, it would be a reduced amount. If the fence if 50% into it's life the City would pay $500.
The devil is in the "life" of the fence. That is generally subjective.
But no, the City doesn't have to give him a new fence.
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I'm not buying it.
Unless this is like your area of expertise. Are you an insurance guy, or are you just a rando with a weirdly strong gut feeling you're right about this specific type of insurance thing?