Originally Posted by BumpRacerX
My knee jerk reaction is that it may be a bit diffuclt to get paid from the insurance company, have a contractor do the work, but it depends. If you have a mortgage, the mortgage company is really the one that will get paid from the insurance, you then will have to get paid from the mortgage company. This makes things very complex. What many people complained about when the storms hit the east coast was how diffuclt it was to get the money from the mortgage company. They want to pay the money out as the work is completed (ie. when you finished 20% of the work, you get 20% of the money).
If you do not have a mortgage, you should be able to get a check for the amount of the rebuild and be able to hire your own contractor, or even not rebuild at all.
If you are in the second group ( no mortgage) I think you could go in and demo what you wanted, hire a contractor to rebuild the way you wanted, get it inspected to make sure it's up to code, and pocket any money saved which would be your payment. The cool thing about this would be you can change the layout, if you do the work yourself you can upgrade the home with no money out of pocket. I would get a free estimate PRIOR to any demo from a few contractors. You don't need to use these contractors, but it will tell you what you are going to need done, so you will know what demo was necessary.
You really need to talk to the insurance company about the policy and what you want to do.