Blog

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

---

Inspirational Quotes

Expect problems and eat them for breakfast.

Alfred A. Montapert

Testimonials

I ran into a fire survivor from 2003 last weekend. She wanted to tell me how much you helped her and she was so thankful that you are still there for others

Recovery Center worker following the 2007 San Diego fires, just 4 years after the Cedar Fire hit the same area.