Replacement Cost—Second Insurer Liable Even if First Insurer Paid Too Much

Q

One of our homeowners insureds was paid for a total loss to his roof (due to hailstone damage) by Insurance Company A several years ago. The shingles on the pitched portion of the roof were replaced. The insured says that he also replaced the flat portion of the roof.

This premium content is locked for FC&S Coverage Interpretation Subscribers

Enjoy unlimited access to the trusted solution for successful interpretation and analyses of complex insurance policies.

  • Quality content from industry experts with over 60 years insurance experience, combined
  • Customizable alerts of changes in relevant policies and trends
  • Search and navigate Q&As to find answers to your specific questions
  • Filter by article, discussion, analysis and more to find the exact information you’re looking for
  • Continually updated to bring you the latest reports, trending topics, and coverage analysis