STORY FROM: Superstorm Sandy Insurance Litigation
Submission of Increased Roof Repair Costs Not Sufficient Basis for Re-Opening Appraisal, Fla. Appeals Court Rules
March 28, 2017
MIAMI — A policyholder’s submission of increased costs relating to the repair of his hurricane damaged roof is not a legally sufficient basis for re-opening an existing appraisal or conducting a new one, a Florida appellate court has ruled.
On March 22, the Florida 3rd District Court of Appeal reasoned that if the appraisal award had concluded that the entire roof had to be replaced because the necessary re-roofing exceeded 25 percent of the area of the roof, then that additional cost would have been shown and the appraisal panel would have reported that “ordinance and law” costs were appraised ...
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