A Court of Appeal case last year leveraged previous case law to decide that an insured’s intentions surrounding a property damaged by fire has no bearing on a claim payout based on reinstatement
An insured’s intention to rebuild their property that has been damaged by fire has no bearing on the indemnity amount they are entitled to receive on a reinstatement basis, said Joanna Grant, partner and head of the property risks team at Fenchurch Law.
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