by lovekennedi » Fri Nov 16, 2012 11:24 pm
How much time do I get to buy replacement items and submit receipts for reimbursement? I live in Maryland. I already informed the insurance company that I would be claiming the depreciated value, now I just need to know how long do I get to replace the items?
Posted: Sat Nov 17, 2012 01:12 am Post Subject:
Each policy may be different... you need to read yours or ask yur adjuster. Typically it's 180 days.
Posted: Mon Nov 19, 2012 01:47 pm Post Subject: duration to claim for recoverable depreciation
Yes, the time period depends on state and the insurers. It's usually 180 days from the date the damage took place. If you don't complete off the work within the designated time period, the insurer may deny paying for the recoverable depreciation.
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