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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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Testimonials

I must thank you for providing the important detailed information necessary for my family’s full total-loss claim recovery. I am very detail-oriented so your insightful training along the persistence of my wife and I has resulted in a Gold medal recovery. We have a little more on the table to recover but continue to ‘own the claim’ and ‘keep it clean’. You are truly one of the most influential people in my life!

Waldo Canyon Fire Survivor, 2012