ANSWERS: 1
  • If the books were new inventory, then you would be entitled to the cost to reprint the books. Otherwise, all you are entitled to is the depreciated value. And since many books are reference material that are time sensitive, or fictional work that tracks popular culture, the do depreciate very rapidly. As for the denial due to "standing water," that you need to read your policy. Your policy will spell out what is covered. What does it say?

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