Not generally. Most policies require that the item actually be repaired or replaced in order to receive the replacement cost settlement. In most cases, the adjuster will provide an advance based on the depreciated value of the items then pay the difference upon presentation of evidence that the items were replaced.

When your home is damaged, the adjuster often inspects the damage and provides a check for his or her estimate of the repairs. If your preferred contractor is unwilling to do the work for the amount allowed by the adjuster, have your contractor contact the adjuster. Often, the differences can be resolved resulting in the insurance company agreeing to your contractor's price. If your contractor is unwilling to work with the adjuster, beware--this may be a sign of overcharging. If you proceed with the work without the adjuster's approval, you could end up paying the difference out of your pocket.