How to recover depreciation value on homeowners insurance claims.

If you had a homeowner loss and the insurance company depreciated a portion of the claim, the company will usually make an additional payment once the repairs have been completed.However, the insurance company wil also look at the entire claim. If you changed the scope of repairs, the insurance company will only pay for replacement in kind. Any upgrade is your responsibility. If you presented the final total amount of the repairs, including the replacement cost of the carpeting, then the insurance company will look at the total amount of the repairs. If they have already paid the value of the total, they will not pay any further amount. However, the adjuster should explain this to you. Talk to the adjuster and ask them to explain the final settlement amount and why they are not willing to make an adjustment for the carpeting.