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Updated over 6 years ago on . Most recent reply

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Eric Omanoff
  • Fort Collins, CO
0
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Will claiming insurance money for home damage affect resale value

Eric Omanoff
  • Fort Collins, CO
Posted

A home was damaged by a natural disaster. The initial money from the insurance company to fix damages was thought to be insufficient by the homeowner. The owner hired an insurance adjuster to get a larger settlement. If the insurance company awards the full value of a rebuild, will this A) make the home harder to sell because it implies the home needs to be rebuilt? and B) make this harder for the owner get home insurance in the future?

Thanks for any help you can provide.

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