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

I love the man that can smile in trouble that can gather strength from distress and grow brave by reflection.

Thomas Paine

Testimonials

I'm in Virginia and was lucky enough to find your website and all the support you provide to fire victims. I am profoundly grateful for the support and solid advice I found here.

Individual Survivor, 2008