I was in the process of purchasin a house. But 1 week prior to the closing date, their was a major water leak on the property ( burst pipe). I was offered the insurance money and to carry out the works after myself by the vendor and as i was planning on redorcating anyway it seemed win win for both sides. Builders quotes ranged from 28K to 37K. Now the insurance company have offered 15k for renovations which my builder has said is extremely low. But this is all 3rd party from the vendor, ive asked for a copy of insurance letter showing breakdown of quote. Will the insurance company readdress the quote and revise upwards ? Anyone advice would be great. As i think vendor is trying it on and i have the option of telling vendor to rectify all damage before closing.