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Question: My question is in regards to Functional Replacement Cost (FRC). The definition refers to "obsolete, antique or custom construction."  What happens when the damage is to a roof that is 8 years old, which is not obsolete, antique or custom construction? 

For example, the insured purchased the FRC endorsement due the home's construction year being 1910. Then, he had a loss to the roof, which had 35-year shingles that were only 8 years old. Could claims replace the roof with 25-year shingles? Does this truly meet the definition of FRC?

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