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How does this insurance claim on my roof work?

Asked by marialisa (464points) August 22nd, 2011

I have received all the money for my roof, except my deductable and the depreciation value for “replacement costs”. I have hired a roofer that charges below what the claim pays out for labor. He is licensed and has been doing it for 35 years. If he sends in the invoice that is lower than the insurance labor claim, do I need to send the balance back to the insurance company?

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