If an insurance company pays $57000. on a homeowners claim

by Sherrymomof3 » Mon Feb 09, 2015 06:56 pm

This damage was the result of a tornado and the land around the home was so damaged that I decided it would be unwise to rebuild the house because of the surroundings would diminish the value of the home and it would not be worth what it would take to repair the damage. My question is how much do I have to spend on the new property in order to recover the amount the insurance company withheld for depreciation?

Total Comments: 1

Posted: Tue Feb 17, 2015 07:09 am Post Subject:

Your other question like this has been answered here: http://www.ampminsure.org/manage/about21287.html

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