My condo kitchen floor, cabinet and part of the living room floor was damaged by a water leak. Condo sent water damage company who also gave me a quote of $20k + to renovate and fix the damage.
My insurance adjuster visited my unit then contacted us a few days later saying they would pay $6500. They said that they contacted the water damage company and was told they could do the repairs for $9500 including my deductible.
My concern is the big difference between the initial quote of the water damage company and the agreed amount with the insurance company. Does this seem right?
I just want my place fixed properly and the flooring to match. It’s continuous flooring to other areas of the condo.
Water Damage..Is appraisal fair
byu/francolala35 inInsurance
Posted by francolala35
2 Comments
What actually changed between the two estimates?
Need more info. Was the ins estimate rebuild only or with mitigation? I would ask that. Also is the condos broken down into mitigation and rebuild?
Thats going to tell you if anything is missing