CARe News

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

Adversity is like a strong wind.  It tears away from us all but the things that cannot be torn, so that we see ourselves as we really are.

Arthur Golden, Memoirs of a Geisha

Testimonials

I attended Saturday, Sunday and Wednesday partial loss only session. Each of the meetings I learned something very useful by your presentation and by the interaction from other attendees. Your looking out for our welfare is a blessing and God sent. You already know that what we are going through is harder than any of us realize since you have experienced this yourselves and helped in many catastrophes. Your looking out for our welfare is a blessing and God sent. I want to personally thank you and CARe for what you do. Your heartfelt compassion and teaching what matters to people that have been in harms way is a cause that touches many and gives hope in a world that is so full of anything but care and compassion.

Waldo Canyon Fire Survivor, 2012