Replacement of Damaged Property

 January 26, 2015

 A dispute arose between the insurer and the insured as to whether the policy language providing for the replacement of damaged property with property of comparable material and quality required the replacement of undamaged siding in order to provide a color match. This case is Cedar Bluff Townhome Condominium Ass'n v. American Family Mut. Ins. Co. No. A13-0124, 2014 WL 7156914 (Minn. Dec. 17, 2014).

Continue Reading for Free

Register and gain access to:

  • Quality content from industry experts with over 60 years insurance experience, combined
  • Customizable alerts of changes in relevant policies and trends
  • Search and navigate Q&As to find answers to your specific questions
  • Filter by article, discussion, analysis and more to find the exact information you’re looking for
  • Continually updated to bring you the latest reports, trending topics, and coverage analysis