His mountain property was hit by a tornado two years ago. He did not complete repairs within the 2-years limit imposed by State Farm Insurance. So, now he missed out on replacement cost coverage. He therefore will only get actual cash value.
His mountain property was hit by a tornado two years ago. He did not complete repairs within the 2-years limit imposed by State Farm Insurance. So, now he missed out on replacement cost coverage. He therefore will only get actual cash value.