Salvage: Dealing with Undamaged and Partially Damaged Property After a Loss

CORPORATE OFFICE 126 Business Park Drive Utica, New York 13502 800.382.2468 Outside U.S. (315) 797.3035 FAX: (315) 272.2054 Editor@AdjustingToday.com Follow Adjusting Today on Facebook & Twitter: Facebook.com/AdjustersInternational Twitter.com/AdjustingToday ADJUSTING TODAY® is published as a public service by Adjusters International, Ltd. It is provided for general information and is not intended to replace professional insurance, legal or fnancial advice for specifc cases. ADJUSTINGTODAY® Adjust ingToday. com View our entire catalog of back issues, download PDF versions, subscribe and contact the editor. WEB ADDRESSES AdjustersInternational.com AdjustingToday.com PUBLISHER Ronald A. Cuccaro, SPPA EDITOR Sheila E. Salvatore AT20 3055 1 Insurance Services Ofce, Inc., Building and Personal Property Coverage Form CP 00 10 10 12, 2011, p. 12, included in The Institutes’ Handbook of Insurance Policies, 11th edition, 2014. 2 For example, see Colorado Counties Casualty & Property Pool Excess Property Insuring Agreement & Summary, p. 19; accessed at http://www.ctsi.org/memberscounty/pdf/2012%20CAPP%20 Excess%20Property%20Policy%20with%20summary.pdf. See also School District of Duval County Broker Manuscript Form, p. 11 (page 6 of third excess schedule) accessed at https://dcps.duvalschools.org/site/handlers/fledownload.ashx?moduleinst anceid=49880&dataid=59277&FileName=James%20River%20Policy_000613364.pdf. See also Physical Loss or Physical Damage, Riots, Strikes, Civil Commotion, Malicious Damage, Terrorism and Sabotage Insurance, Lloyd’s Marketing Association, p. 7; accessed at https://www. lmalloyds.com/AsiCommon/Controls/BSA/Downloader.aspx?iDocumentStorageKey=aefbf0916738-4f70-a8bb-50f929b8e4dd&iFileTypeCode=DOC&iFileName=LMA3092%20RSCC. Mr. Harrington is an independent insurance writer and communications specialist. He served for over 20 years as communications director for the American Association of Insurance Services (AAIS). His work has been published in Best’s Review, Rough Notes, publications of The Institutes, and elsewhere. Joseph S. Harrington, CPCU, ARP ABOUT THE AUTHOR Adjusting Today Basis for Institutes CE Courses The Institutes, the leader in providing knowledge solutions for risk management and the property/casualty insurance industry, ofers continuing education courses based on technical information compiled from issues of Adjusting Today. The courses —“Valuing a Property Insurance Claim” and “Natural Disasters: Coverage Issues”— include seven modules each and are approved for credit by insurance departments in most states. They are ofered to property insurance producers, adjusters or both, depending on the state, for up to three continuing education credit hours per course. More information is available at CEU.com. Copyright © 2020 Rising Phoenix Holdings Corporation. All Rights Reserved.

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