In the example above, a vehicle lost control and drove into the insured’s dwelling, causing damage to the bathroom. The exterior wall was crushed, and there was damage to the shower, vanity, drywall, flooring, insulation and siding. Per the CA Fair Claim Settlement Practices and FAIR Plan guidelines, is depreciation correctly applied to the trade (construction) categories as shown above? 

Based on the data in the item description above, which of the following is most true? Keep in mind the CA Fair Claim Settlement Practices requirements and FAIR Plan guidelines.

An insured has a TV that was damaged during a fire. Which of the following items would the adjuster need to know about the TV in order to appropriate apply depreciation (check all that apply):

In the above example, an insured has submitted their inventory for personal property damaged in the loss. This submission would be sent back because the insured did not individually list each pair of jeans but instead grouped them in the inventory report.