fire started in the apartment next door and smoke destroyed nearly everything i own. Allstate renters policy is offering $7,200 "actual cash value" on a documented $19,400 personal property loss, and my additional living expenses coverage supposedly cuts off at 60 days while the building is still uninhabitable. how does recoverable depreciation actually work and what are my real options here?
i need people who have actually been through a renters claim to walk me through this because i am getting an education in insurance depreciation math that nobody warned me about, and the numbers are...