Insure To Value

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

All this will not be finished in the first one hundred days. Nor will it be finished in the first one thousand days... nor even perhaps in our lifetime on this planet. But let us begin.

President John F. Kennedy

Testimonials

Thank you for all that you and CARe have done to help so many of us. As you well know from our own experience, the distress of suddenly losing one's home and possessions is overwhelming and truly changes a person's life. The information and resources you have provided has been a godsend. You and your organization help empower people when they need it most. Thank you very much.

2003 Cedar Fire Survivor, San Diego CA