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I am an adjuster working on a large commercial apartment building fire. The policy form is a BP 00 03 01 10. All of the eight affected units have hardwood flooring planks in a couple of rooms in each unit that is covered with permanently installed carpet—it is installed with tack strips. The insured’s contractor is requesting costs for the unfinished hardwood replacement in addition to the carpet and pad.

What is generally owed in a situation like this? Some feel that the insured is owed only for one finished floor. Would the insured be owed for unfinished hardwoods and carpet and pad? It does not appear that the insured will actually replace the hardwoods, yet they are still requesting the actual cash value amount. 

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