Category Archives: hold back depreciation

Allstate Insurance Policy says repairs must be done in 180 days to receive all the settlement monies?

The latest from Allstate to watch out for is..  Read the allstate policy carefully,  in order to recover all the settlement monies after a disaster, specifically what allstate policy calls hold back depreciation, you MUST complete the repairs in 180 days.  What happens on a large loss that takes 3 months to settle, a month to get the permit and it cant be repaired within the policy dictated terms of 6 months?  It will depend on many factors.  Will Allstate deny payment of depreciation or do they pay. Will they grant an extension? Does liberty mutual and State Farm do the same.  No they have longer time lines.    They   Find out more at our web page

How’s about a nice video on “the Good Hands”

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