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Question 15 of 16 in Claim Settlement |
My contractor found hidden damage. Now the repairs will cost a lot more than the company representative originally estimated. Who bears the extra cost? |
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This again depends on the outcome of the claim settlement process. If you have already accepted the settlement and provided a release to the insurance company, end of story - you pay the extra. If the claim has not been closed, contact the insurance company and try to resolve the difference. If a compromise figure cannot be reached, you will need to hire an independent insurance adjuster or retain an attorney to represent your interests with the insurance company.
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