Be Prepared

Colorado follows the Broad Evidence Rule for the purposes of calculation of actual cash value.

The relevant case on this topic is Nebraska Drillers v. Westchester Fire Insurance Company.(1) In this case, the insured commenced an action to recover for an alleged fire loss to quantities of supplies and equipment under a policy that provided that the measure of payment under the policy was the actual cash value of the property at the time of the loss and that the loss should be ascertained according to such actual cash value with proper deduction for depreciation. 

Read More:
http://www.propertyinsurancecoveragelaw.com/2015/05/articles/insurance/calculating-actual-cash-value-part-9-colorado/index.html

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Inspirational Quotes

All insurance men should look guilty and haunted by ghosts.

Rex Black, played by Laurence Harvey in The Running Man

Testimonials

Without your encouragement, we would have, no doubt, floundered around too discouraged to pursue a better settlement with the insurance company. Certainly , because of CARe, there are many of us who have now received adequate funds for, at least, a reasonably adequate rebuild. It is obvious that your hearts are in relieving our burdens and giving us both hope and help in the long process that no fire victim can avoid.

Harris Fire Survivor, 2007