Determining Optimal Property Loss Recovery Options

Do I have to re-build?

What if I don’t?


“What is actual cash value?”

By Michael C. Perlmuter, JD, President & General Counsel


One of the most frequently asked questions when assisting a business or residential property owner in adjusting a property insurance loss is: “What are my options for an insurance claim recovery from this loss?”

The question, though simple, is complex in nature and thus becomes the driver for most property owners to retain a public insurance claims adjuster, read Alex N. Sill Company, when contending with an insurance loss.

Policy owners acting on their own encounter a process akin to a notorious…

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Expert Has Advice on Hurricane Harvey Insurance Claims

Insurance Settlement Expert Urges Property Owners Resist Temptation, Practice Patience, Consider Hiring Own Adjuster to Get Max Hurricane Harvey Damage Claim Payment; More Advice Offered


CLEVELAND, Ohio (August 30, 2017) — Business and home owners anxious to rebuild in the wake of Hurricane Harvey are urged to be patient and methodical in their settlement of insurance claims in order to receive the maximum of what they are due from insurers and other potential sources, advises a national property insurance expert.

“Among the most valuable tools property owners have is resisting the temptation to accept the first settlement offer from an…

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Hurricane Harvey: A Reminder to Update Your Property Insurance

Hurricane Season is Here and Now! Don’t Be Complacent. Be Aware, Prepare By Reviewing, Updating Your Business, Home, Property Insurance Before Disaster Strikes.

By Michael C. Perlmuter, JD, President & General Counsel

Most of the U. S. based weather services issued warnings. First they predicted a modest number of storms for the 2017 season. Next, in the past few months, changing weather conditions compelled the services to “up” their predictions.

Then along came Hurricane Harvey.

Harvey is / was every property owner’s worst nightmare. Weather scientists did not have the benefit of a week or more to track Harvey. Harvey developed in just…

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How Does Selling a Property Impact an Insurance Claim?

You Have A Pending Insurance Claim, But Want to Sell Your Property: Now What?
Or More Simply Stated, “How Does Selling a Property Impact an Insurance Claim?”

By Michael C. Perlmuter, JD, President & General Counsel

Consider the following situation which poses what I like to refer to as a “law school exam question.”

The issue at hand arose when an insured had a contract to sell his property, but prior to closing, the building sustained a fire. Your understanding will likely result in a smoother sale of your business or home and get more dollars faster into the account of the “right”…

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Be Alert to Get Maximum Payment for Weather Damage Insurance Claim

Don’t Let Property Casualty Insurers Poor Financial Performance Undermine the Value of Your Insurance Claim; How to Fight to Get the Max

By Michael C. Perlmuter, JD, President & General Counsel

Gang, huddle up. This is one of those moments in time you need to be aware of a potential “penalty” before the matter and the opportunity to deal with it evaporate.

Strap on your chin strap and this QB is going to take you inside the insurer’s operations center and allow you a sneak peek at what they might be thinking and doing to minimize their responsibility to their business and…

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Replacement Cost Insurance: What You Don’t Know Can Hurt You

By Michael Perlmuter, JD, President & General Counsel

and Jeffrey O’Connor, SPPA, Vice President

Insureds seem to take great comfort believing their replacement cost insurance will fully cover losses to their business or home when in fact they should not be sleeping so peacefully.

It is painfully clear during our initial conversations with clients experiencing a loss that they believe their claim to be “simple” or “straight forward” because they have “replacement cost insurance.” The insureds are adamant in the assumption that their replacement cost coverage obligates the insured to pay the “cost of replacement.”

Is this true? Absolutely not . ….

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Condominium Property Insurance Claims

Successfully Navigating the Board Member – Unit Owner Minefield

By Michael C. Perlmuter, JD, President & General Counsel

Property losses that occur to condominium properties and individual units within are among the most difficult insurance losses for insureds to manage correctly and appropriately.


  1. The relationship between an individual condominium unit owner and the defined larger condominium property is controlled by the condominium by-laws which can vary and quite often are open to significantly differing interpretations;
  2. There is no standardized policy language in either of the two different types of master insurance policies (and variations within them) insuring condominium properties;
  3. Insurance policies…

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Wildfires and Tornadoes and Floods, Oh My!

Understanding Which Natural Disasters Are Covered By Insurance

By Michael C. Perlmuter, JD, President & General Counsel

The 13 “Oz” novels written by L. Frank Baum regale readers with acts and images of fantastical fantasy.  The tornado lifting a farm house from its Kansas foundation and sent swirling into the atmosphere before dropping mercilessly on the Wicked Witch of the East is but one of the many creative interpretations presented in the 1939 movie adaptation of Baum’s series “The Wonderful Wizard of Oz.” The Munchkin coroner was among the first on the disaster scene, proclaiming the victim not “merely dead,” but…

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What Living Expenses Can I Recover from the Insurance Company?

ALE: Not Just a Beer

By Michael C. Perlmuter, JD, President & General Counsel

and Neal Novak, Regional Vice President

A fire severely damaged your home compelling you to move out while it is being repaired. You gather a few salvageable necessities and vacate the premises expecting your insurance policy to cover living expenses. Your insurance company says, “not so fast, buster” and directs you to the small print in the policy. Uh oh, you weren’t prepared for loopholes.

Hearing this, you drop the double-ply 30 gallon trash bag containing the few worldly possessions saved from the fire and as a result of…

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