If you are a surgeon making $200,000 a year then you can probably pay most major expenses out of your monthly income.Everyone's financial situation and risk level is different.

That being said, there are reasons you may want to hire an adjuster such as, not being able to meet with the insurance company adjusters, not being familiar with the coverage, not being familiar with the reconstruction process.On the claim process in general, gather what documentation you can on the items damaged or the parts of the house damaged.  

He had one of his more experienced staff reconstruct my books on their system, which includes, asset costs, depreciation etc. and reviewing the balance sheet, it was totally different than what I had.

As for the reconstruction work.....since most of the damage was from flooding, I’m guessing most owners did not have flood insurance which means owners will be paying out of their own pocket.....leading to a lot of homes not being rebuilt/repaired and a lot of DIY repairs by homeowners, due to a lack of money.

question, they are trying to get rid of several large yard trees without having to pay a tree surgeon for the removal :-)

I understand your point about liability policies but what happens if you personally get in a car accident and kill a high income individual like a young brain surgeon or lawyer?

On one end I read about investors that take advantage of the Act 22 tax exemption, on the other end the government struggles with debt and reconstruction of Hurricane Maria damages.

The dealer says his mover charges $500 just to give the estimate....The house is already assembled as a display house so it need to be deconstructed,moved and reconstructed.

I would never recommend insuring a property for only it's market value if you are a newer investor and/or... finance the purchase of the property, could not afford to come out of pocket to pay to completely rebuild a useable property should a large loss occur.Yes the chances of a major loss occurring are low - but if it does happen... you could be wiped out.Example: You buy a house for $50,000 with an estimated reconstruction cost of $150,000.

It was rough when I was there but noticed there is a Good Will there now and you can see some reconstruction going on currently.