Where Insurer’s Failure to Pay Property Claim Prevents Insured From Making Repairs, Insured is Entitled to “Conditional” Award of Replacement Cost, But Ultimately Must Still Complete Repairs in Order to Recover Replacement Cost Benefits

Where an insurer’s failure to pay a property claim prevents the insured from making repairs, the insured is entitled to a “conditional” award of replacement cost, but the insured ultimately must still complete repairs in order to qualify for replacement … Read More