Try our Advanced Search for more refined results

Expert Analysis

Undertaking Property Repair Or Replacement As An Insurer

By Brian Devilling and Paul Ferland ( October 20, 2017, 3:50 PM EDT) -- A property insurance policy's loss payment provision typically gives insurers the option to pay the value of damaged property, pay the cost to repair or replace damaged property, take the property at an agreed value, or repair, rebuild or replace damaged property. Each option carries different risks and benefits, and perhaps none are as risky as opting to undertake repair or replacement of damaged property. This article analyzes the risks, potential benefits and legal issues involved in an insurer's decision to undertake repair or replacement, rather than pay the value of damage or take property at an agreed-upon value....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections

Law Firms

Companies

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!