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

The only aspect of our travels that is interesting to others is disaster.

Martha Gellman

Testimonials

It is always a pleasure to accept advice and information from your perspective. I can't help but think that we are all very small fish in a sea for which we have no compass... Your work and dedication at least give us hope that with our own faculties, we can reach for the shore.

Grass Fire Survivor, 2007