Month: December 2015

The “Double Recovery Rule” and what it means for your property claim | Property Insurance Coverage Law Blog

Prior to attending law school, I obtained my life insurance license. One of the main principles they teach you during your class is that purchasing property insurance is not a way to make money (at least from the policyholder’s perspective). Insurance is purchased to make you whole again if you experience a loss. No matter …

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Calculating Actual Cash Value, Part 15: Wisconsin | Property Insurance Coverage Law Blog

My travels last week took me to Milwaukee, Wisconsin. Since I have been writing a series on calculating actual cash value, I thought that I would discuss Wisconsin law in this week’s blog. Wisconsin follows the Broad Evidence Rule:1 Where insured buildings have been destroyed, the trier of fact, may, and should, call to its …

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