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FOREMOST" Foremost Property& Casualty Insurance Company INSURANCE GROUP »..7....._..ro w.. PO Box 268994 Oklahoma City,OK 73126-8994 Toll Free Phone 1-800-527-3907 Toll Free Fax 1-877-217-1389 myclaim@foremost.com We appreciate the opportunity to serve your insurance needs and we want to make sure you have a clear understanding of how your claim will be processed. Attached is the estimate for the repairs of the damages to your property,also called the Replacement Cost Value of your loss. If depreciation was applied to the estimated repair costs,then the Replacement Cost Value less the depreciation is the Actual Cash Value of your loss. Depreciation is based on the average quality,age,condition and useful life of the damaged property,unless otherwise noted. Actual cash value for roof materials is determined using either the scheduled roof table if in the policy or the age,condition and useful life of your roof materials. The applicable policy deductible(s)will be deducted from these amounts. If it appears reasonably likely that a general contractor will be needed to coordinate and supervise the repairs,the estimate also includes an amount for general contractor overhead and profit,unless your policy provides that general contractor overhead and profit will only be paid if incurred. Please note this estimate reflects the extent of known covered damages to the property referenced above. No supplemental or additional payments will be issued for repairs that have not been included in this estimate,without prior approval.This approval must be obtained prior to replacement or repair. We must have the opportunity to view and inspect any proposed changes or additional work. Should you receive an estimate of repairs that exceeds this estimate,or if you wish to send us any other information related to your claim,please include"Attention Claim#7001966018-1"and forward this information to us by: 1. E-mailing to myclaim@foremost.com or 2. Faxing to 877-217-1389,or 3. Mailing to National Document Center,P.O.Box 268994,Oklahoma City,OK 73126-8994. Once you have completed the repairs to your property,you may make a Replacement Cost claim for up to the amount of the recoverable depreciation withheld.Any depreciation shown as"non-recoverable"does not qualify for reimbursement. Please refer to the Conditions section of your policy for specific time limits within which you must claim the recoverable depreciation. Once you complete the repairs,please send your supporting documentation to us as outlined above.In any case,your total claim will not exceed the amount you actually spent making the repairs,minus your policy deductible. Estimated costs not actually incurred,like general contractor overhead and profit,will offset recoverable depreciation. If your policy provides for Building Ordinance or Law coverage,any known covered costs resulting from ordinance or law upgrades are itemized in this estimate or contained in a separate estimate we will provide to you. However,these costs are not included as part of the Actual Cash Value of this estimate. Ordinance or law costs will be paid under your policy when incurred by you,subject to your deductible. We wish to inform you there are time limits set forth in the Conditions section of your policy which may affect the time within which you may pursue your claim. We suggest that you review the Conditions section of your policy,as may be endorsed, particularly noting the'Suit Against Us'or'Legal Action Against Us'provision. Although as a service we may refer contractors or repairmen to you,it is your decision to hire the contractor of your choice.We neither direct or manage the activities nor guarantee the work of any contractor,whether referred or not.It is up to you to make sure the work is completed to your satisfaction. We encourage you to visit www.foremost.com to learn more about our self-service options available to you;including the ability to view your claim status,upload documents and photos and find local service providers. Thank you for the opportunity to serve your insurance needs. If you have any questions regarding this claim,please feel free to contact us. Beth Vaughn/beth.vaughn®farmersinsurance.com/(503)277-0418 FOREST W STANLEY 10/22/2020 Page:2