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

You guys in New York can’t get a hole in the ground fixed and it’s five years later. So let’s be fair.

New Orleans Mayor, Ray Nagin one year after Hurricane Katrina

Testimonials

Your organization was probably the number one reason we were able to get into the position where our insurance company offered to reform our policy.

Witch Creek Fire Survivor, 2007