Hello,
I'm going through the same thing (except with a busted pipe and water damage to flooring) so thank you for your response!
What I'm still confused about is when I'm asked to list the" individual property" that was damaged, do I put the entire house? Or do I put pipe and floors?
If I put the home down, do I put the "cost or basis" as what I paid for it 10 years ago....or what it was appraised for this year?
The water damage was isolated to just over 200 sq feet of carpet & tile downstairs and spanned across sections of both the kitchen and living room, but I'll have to rip up the carpet of the entire living room. I think the tile will be ok. Do I claim just the damaged area, or everything that has to be replaced?
We have insurance, but our deductible is outrageous.
So far, we've repaired the pipe and wall/floorboards out of our own pocket, and had the carpet pulled back with industrial fans to dry. We're pricing the cost to replace the carpet that was damaged....but I'm hoping to still come under the deductible.
Can I use the safe harbor chart for flooding in order to determine damage per square foot....or is that only for hurricane damage?
I'm so confused right now.
Any advice would be much appreciated.
