Replacement Cost Claims and Time Restrictions

The insured has a Special Form Homeowners Policy (ISO form), with replacement cost coverage on the contents. The file went to appraisal. With regard to 180 days to make claim for replacement cost, does the insured have 180 days after appraisal is completed; when would the 180 days expire?

Pennsylvania Subscriber

The policy clearly states that the insured has 180 days from the date of the loss, not the date of the appraisal. Regardless as to the outcome of the appraisal, the insured should be able to figure out if he wants replacement cost within 180 days from the loss. We found no cases where the fact that the insured requested an appraisal extended the requirement of 180 days from the date of loss to request replacement cost.

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