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Hurricane Ian loss
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maughact
Level 4
Monday
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I don't do many of these since most of my clients are in Illinois.
I have a client who has a vacation home that was destroyed during hurricane Ian..
He didn't have insurance for the inside of his condo. He had to pay all out of pocket for the rebuild of the inside. However, his association covered the dry wall out. How do I account for what the HOA covered? Does he have to find out from his HOA how much insurance reimbursement was specifically for his condo? Any guidance would be appreciated.
