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Claim 836762272 Recoverable Depreciation (2024-04-03) - 1315 E 114th St, Cleveland, OH 44106.pdf

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Financial Institution Services Division Great American Insurance Tower 301 East Fourth Street, Suite 25-S Cincinnati, Ohio 45202 April 3, 2024 Black Cannon LFTY0300 DAO LLC Attn: Kathy Nguyen 66 W. Flagler St., #900 Miami, FL 33130 RE: Claim Number: Insured: Policy Number: Property Address: Date of Discovery: ** sent via email only ** ** kathie@lofty.ai ** 836-762272 Black Cannon LFTY0300 DAO LLC E927023 1315 E 114th St., Cleveland, OH 44106 October 8, 2023 Dear Ms. Nguyen: This is an update to

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Financial Institution Services Division
Great American Insurance Tower
301 East Fourth Street, Suite 25-S
Cincinnati, Ohio 45202

April 3, 2024
Black Cannon LFTY0300 DAO LLC
Attn: Kathy Nguyen
66 W. Flagler St., #900
Miami, FL 33130
RE:

Claim Number:
Insured:
Policy Number:
Property Address:
Date of Discovery:

** sent via email only **
** kathie@lofty.ai **

836-762272
Black Cannon LFTY0300 DAO LLC
E927023
1315 E 114th St., Cleveland, OH 44106
October 8, 2023

Dear Ms. Nguyen:
This is an update to our coverage letters of November 3, 2023, and February 29, 2024, wherein payments
totaling $18,265.26 were issued for fire damage.
We have received the finalized repair invoice and photographs confirming the repairs to the property have
been completed. At this time, we will be issuing a payment of $2,614.74, which represents the finalized
repair cost, $23,380.00, less the $2,500.00 deductible, less the prior payments, $18,265.26. This payment
will be sent in a separate mailing.
No actions taken by Great American in the investigation of this matter shall be construed as a waiver of
any of the rights that may be available to it, including the right to deny or limit coverage. In addition, this
letter should in no way be construed as a waiver or estoppel of any coverage position afforded by
applicable law or the policy. If you have any information, whether or not requested herein, which may be
pertinent to our investigation, we ask that you forward it to us immediately for our review and
consideration.
If you have specific questions or concerns regarding this correspondence, please contact me at 1-513-3573109 or via e-mail at nwaltz2@gaig.com.
Sincerely,

Nick Waltz, AIC, CPCU, CLU
Sr. Claim Specialist
cc: Agent

Financial Institution Services Division · Part Of Great American Property & Casualty Insurance Group

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