Accurate Reconstruction will be responsible for all aspects of the project. This will include the following: *Removal and replacement of all damaged elements of the building covered by the association's insurance. *Coordination of all insurance companies with insurable interests in the building. *The obtaining of all necessary permits and inspections.
The building has been inspected by a building consultant, an architect, and an adjuster who specializes in fire loss recovery. Together, we have considered all of the information and have formulated a plan for the repair/rebuilding of your homes. The scope of work will vary in each home.
The association is insured by CHUBB. It is understood that this policy will pay for all necessary work to restore your home to builder's grade finishes. The association's carrier will not pay for any upgrades or betterments, or the replacement, moving, storage, protection or disposal of your personal property. The association's carrier will also not pay for your alternate housing while the repairs are being completed. It is likely that each of the elements not covered by CHUBB will be covered by your own personal homeowner's insurance policy.
We have had several onsite meetings with our subcontractors, our management team, our truss manufacturer and the insurance company's representatives. We hope to receive the sealed plans from the architect soon, at which point we can prepare the permit application packages and submit them to the town. Once permits are issued by the town, construction can begin.
We will be reaching out to all homeowners in the next few weeks to review the improvements that had existed in each unit so that we can prepare estimate for the value of these upgrades for each homeowner to submit to their own insurance company. After the shell of the building is complete, we will offer you the opportunity to choose the finishes you'd like for your home.
No - this is your home and as long as what you might want does not violate any of the community by-laws, you may use the money paid to you by your insurance company to have us finish your home in whatever way makes you happy.
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