Good morning! I read through the Rules and still think my question is okay to ask. If not, let me know and I will delete.
We had a flood and were given an estimate of $28,000 in repairs. Insurance paid us about $23,000 and said the rest will be paid out (depreciated value) when work is complete. Problem is the restoration company is using a whole bunch of flakey contractors that aren’t doing the work well and skipping many line items they should be doing. I’ve contacted the contractor leadership and told them I won’t pay for what’s not done. What will happen with the $5,000 that is supposed to be sent on work completion?
Posted by beaglesandtea
1 Comment
The insurance company will retain the $ you saved unless you can provide proof that it was spent on the damage. However, a more pressing concern is why you’re tolerating subpar work from unreliable contractors. If future issues arise from this poor-quality work, the insurance company is likely to deny any resulting claims. It’s crucial to contact the management of the contracting company you hired and insist they complete the repairs properly. I hope this helps.