Insurance Coverage Letter - 1315 E 114th St, Cleveland, OH 44106.png

- Visible text: portion of your policy,whichstates, in whole or in part, as follows Page1of7 Please refcr to the BUILDING AND PERSONAL PROPERTY COVERAGE FORM (CP 00 10 10 12) Actual Cash Value of this updated estimate totals S20,765.26. S23,380.00. We have applied the same depreciation as applied in the original cstimate, S2,614.74. The there was no dispute on the fire related damages, and she provided an updated estimate totaling unrelated to the above referenced loss.Mr. Binion spoke with Hope Stewart at Bluemoon who advised $35,825.87.Mr.Binion completed a revicw of this estimate and spoke with Bluemoon regarding entries Great American then received a supplemental estimate from Bluemoon PropertyMaintenance totaling Replaccment Cost Valuc of S23,317.56,and anActualCashValue of S20,702.82,upon which ourinitial indemnity was based. Binion's inspection confirmed fire damage to the dwelling. Mr. Binion prepared a repair estimate with a Michael Binion with Cross Country Adjusting was assigned, and he inspected on October24,2023.Mr. everwhere. Repairs needed include replacing fire damaged carpet, roof insulation, sheetrock. electrical issues and we are advised by the fire department to not cut the breaker box back on so we don't have power"The ceiling upstairs with the roof has been knocked out. All the insulation has been scattered October 12, 2023.The loss report notes: From Tenant:"the third floor ceiling caught fire inside due to January24,2023,until January24,2024.Ouroffice receivednotice of the above referenced claim on LFTY0300DAOLLC (Black Cannon")under Policy E927023with an effective coverage peniod of As you know, Great American E&S Insurance Company ("Great American") insures Black Cannon S18,202.82 was issued for fire damage. This is anupdate to our coverage letter of November 3,2023,wherein an Actual Cash Value payment of DearMs.Nguyen: Supplemental Payment: Previous Payment: S62.44 Deductible: $18,202.82 $20,765.26 $2,500.00 Damage:Revised RCV: Revised ACV: Amount of Insurance: $23,380.00 October8,2023 $203,840.00 Date of Discovery: PropertyAddress: 1315E114thSt.,Cleveland,OH44106 E927023 Policy Number: Black Cannon LFTY0300DAO LLC Insured: 836-762272 ClaimNumber: RE: Miami, FL33130 66W. Flagler St.,#900 Attn:KathyNguyen BlackCannonLFTY0300DAOLLC **sent via email only** February29,2024 Financial Institution Services Cincinnati,Ohio 45202 INSURANCE GROUP 301East Fourth Street, Suite25-S Great American Insurance Tower Financial Institution Services Division GREATAMERICAN