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- Mon Jun 12, 2006 11:25 am
- Forum: Opinions
- Topic: Is it legal to profit from an insurance claim?
- Replies: 16
- Views: 123004
Profiting form an Insurance Claim - Insurance 101
I am working on the assumption that your roof is valued at Replacement Cost, which replaces damaged materials with new materials of like kind and quality. If you replace the damages tile with materials of of a lesser kind, you may get a reduction in the amount the claim pays out. Keep in mind that p...