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toncatmad

11/21/19 12:09 PM

#125586 RE: Stink7 #125578

From what I have seen doing a large amount of insurance work for fire and water damage over the years is that most people get screwed honestly.
We do about 95% commercial work and when damages occur the inventory is replaced at current cost. Not sales value but flat cost.
That’s why I don’t understand them valuing at sales price. It just doesn’t make sense to me when nobody has any idea what that sales price will be