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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

It’s unwise to pay too much, but it’s worse to pay too little. When you pay too much, you lose a little money—that is all. When you pay too little, you sometimes lose everything, because the thing you bought was incapable of doing the thing it was bought to do.

John Ruskin

Testimonials

Anything we say seems a little light to describe how much help you have been. This even and the processes that occurred from it would likely have overwhelmed us so completely that we would have ended up in complete emotional and financial loss as well. [We found that] you and the organization was a blessing. We keep you in our thoughts for all your support and advise.

Grass Fire Survivor, 2007