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Liberty Commercial Premises insurance  (Castellano)

    

20 Appraisal of damages

 

Partial loss

 

If the damage sustained by the insured property can be repaired,  the insurer shall pay all the costs required to return these goods to the same working condition as they were in before the loss occurred, deducting the value of the wreckage but with no deductions for the use thereof.

 

In addition, the insurer shall pay the assembly, dismantling and transportation expenses, the customs duties, if applicable, and any other item that affects the cost of the repair and would have been involved in establishing the insured sum.

 

Any expense for modifications, improvements or revisions incurred as a result of a loss covered by this policy shall be borne in full by the insured. The insurer shall not indemnify the cost of the provisional repairs unless they form part of the final repair expenses.

 

 

 

Total loss

 

21. Calculation of the indemnity