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Homeowners Insurance Industry Roasted By PBS, Bloomberg

By admin | August 21, 2007

PBS interviewed homeowners who said that their coverage had been switched by their institution from "copious replacement" to "extended replacement" coverage before the flames. When they questioned their agents they were told that extended replacement was much healthier than greatest degree replacement "just, once claims were submitted, they were offered settlements that came nowhere immediate covering their rebuilding costs."

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Topics: Mortgage News |

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