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Insurance rep outlines $10,000 deductible risk and repair steps for hangar damage
Summary
An insurance representative explained claim mechanics — including a potential shift to a $10,000 wind/hail deductible and actual-cash-value roof payments — and advised collecting photos, contractor specs and a statement of loss to support reimbursement.
An insurance representative briefed the group on the status of the airport’s damage claim and what the municipality should expect from EMC. The rep said the policy lacks a strict wind-and-hail exclusion but contains a provision that can change the deductible from $5,000 to $10,000 for certain damage types and that older roofs (about 15 years) may be paid at actual cash value (ACV) rather than replacement cost.
“There is a wind and hail where I think it rolls from a $5,000 deductible to a $10,000 deductible,” the insurance representative said, describing how roof depreciation affects payout: “If it is 15 years old, then the most you will get is an ACV amount for replacement of that roof.” He advised preparing a statement of loss to record fencing, garage doors, labor hours and other claimable items so those elements will be included in the submission to EMC.
The rep also discussed vendor issues for hangar doors, saying one Chicago supplier quoted roughly $13,000 for the south hangar door with an estimated 8–12 week lead time and warned of the risk of ordering an incorrect size if specs are not confirmed. He recommended the board obtain spec sheets or drawings from the supplier before placing an order and suggested the engineer review contractor quotes and any photos of site damage to guide repairs.
Board members asked about specific structural items; the presenter pointed to an engineer note to "remove/replace damaged steel joist overhead door header at H5.0" in phase 2 and recommended sending photos to the engineer for review. The insurance representative offered to obtain written clarification from Drew at EMC on coverage questions and to circulate a list of items that should be included in the claim.
Next steps: staff will gather contractor estimates, confirm specifications and provide photos and quotes for engineer review; the insurance representative will prepare a statement of loss and seek written confirmation from EMC about deductible and depreciation treatments.
