[StBernard] Insurance Question

[Westley Annis]

Many of the homeowner policies that have replacement value in lieu of actual
cash value (depreciated amount) are not paying the entire replacement value
until the work is actually performed.
 
What if? the residence is not rebuildable and the insurance adjustor states
that the roof sustained enough damage and needs to be replaced, from wind
damage.  It's a catch 22, can't replace the roof because the house won't be
there. 
 
I'm sure that they won't refund the premiums that have been paid at an
increased rate to allow for replacement value.
 
Has there been any language from the insurance commissioner's office in
regards to this?
 
jd