My house has two bedrooms. One. Two.
So that I might live somewhere while my house gets rebuilt, the insurance company tried to find me an apartment. They're supposed to find me the equivalent of my burned out house, in size and amenities. They failed.
I went out searching and I found a one bedroom apartment for $1450/month, a good New York price.
The insurance company approved it. I need a place to live, they said, and the package was reasonable.
But it took them so long to approve it that I lost the apartment. However, at least I know they'll go for $1450/month, right?
So I found another apartment, a three bedroom duplex, for $1450/month. It has park and river views. It has north, south, east, and west views. This is known as a score.
The insurance company rejected it.
They'll pay for a place that's lesser or equal, but they won't pay for a place that is better than my original house. Even at the same price.
It's the Puritan ethic that remains alive in the hearts of insurance companies.
Can't pay for frivolity. Even if it costs the same.