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Option To Repair

What is “Our Option” mean to policyholder’s? This gives the insurance companies the right to exercise their option to hire their own contractor. This also can restrict your ability to disagree on the scope of damages. Just buy having this in your policy there would be no way if the exercise for you to hire a public adjuster or an attorney without paying out of pocket for this service. In my opinion it is not something you would ever want in your insurance policy. It is also sometimes called the “Option to Repair” clause.

Here is an example:

Our Option.
If we give you written notice within 30 days after
we receive your signed, sworn proof of loss, we
may repair or replace any part of the damaged
property with material or property of like kind and
quality

If you have more questions, please give an Experienced Public Adjuster a call today!

Orlando Corporate Headquarters

1215 Mt Vernon Street
Orlando, FL 32803
Phone: (407) 212-8669