Adjusting Today Publishes "Overhead & Profit: Its Place in a Property Insurance Claim"

In this issue of Adjusting Today, attorney and first-party property insurance expert Edward Eshoo Jr. takes on those insurers that "...withhold, exclude, deduct or fail to include the costs of general contractor overhead and profit, GCO&P, in their calculation of the repair or replacement cost..." In the simplest of terms, Eshoo makes the case that a general contractor oversees the entire construction project and overhead expenses are part of the costs incurred to operate the business.