Buying & Selling Real Estate Discussion

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Ted Bozoukov
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loss of rent coverage Farmers

Ted Bozoukov
Posted Sep 12 2019, 13:31

My insurance (Farmers) accepted claim for flood damage. Kitchen had to be completely redone which took 2.5 months. I reduced rent to account for unusable kitchen. Tenants left after 1 month in the repairs after paying reduced rent. Farmers paid the difference for the month tenants were there during repairs but not the remaining 1.5 months for which property was not habitable because of repairs. I was wondering if anybody can advise If I should call an attorney as Farmers (both adjuster and my broker) are not giving me any coherent explanation.

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