I lost my house in the Marshall Fire (CO). My policy limit for dwelling is well short of what will be required to rebuild. I received a construction estimate to rebuild the same house which is about 100K above the policy limit including the 20% extended coverage. Also, there were some updates to the house (bathroom renovations and HW flooring) which were completed just prior to the fire. Can either of these be used to try and get additional insurance funds?
It appears the SBA includes the contents payout in their calculations for a loan to help get the dwelling rebuilt. Is this correct? I’ve asked them but have not received a response yet.