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

No one ever understood disaster until it came.

Josephine Herbst

Testimonials

I'm so glad you folks are doing all you're doing! I can honestly say that we would be considerably worse off, financially and emotionally, if it were not for the selfless and tireless volunteer efforts of these folks at CARe."

Witch Creek Fire Survivor, 2007