The “silly question” is sometimes the first step towards understanding and solving a problem in the field of damage/loss. Never be afraid to ask, never apologize for asking. Let them think you’re naïve if it results in getting the information you seek. A late nineteenth century table has been exposed to water damage. The company responsible for the sprinklers that caused the damage agrees to only pay for refinishing the top, the only part affected by the water.
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The above is an excerpt from an article by Elin Lake-Ewald, Ph.D, ASA, RICS, published in the ASA Personal Property Journal, Autumn 2006.
To read the complete article please click here:
PPJ Vol 16 (3) 2006 Fall DAMAGE LOSS APPRAISALS - PART II - FROM AVERAGE TO ABERRATIONAL