Insurance — Property — Replacement cost policy — When insurer issues replacement cost policy, insurer is required initially to pay insured at least the actual cash value of the covered loss, less the deductible, and is thereafter required to pay its insured for repairs as the insured incurs repair costs — Trial court properly instructed jury on how to value insured’s relevant damages, and verdict in favor of insured was supported by competent substantial evidence
45 Fla. L. Weekly D641d
The materials available at this website are for informational purposes only and not for the purpose of providing legal advice. You should contact your attorney to obtain advice with respect to any particular issue or problem. Use of and access to this Website or any of the e-mail links contained within the site do not create an attorney-client relationship between Abbey, Adams, Byelick & Mueller, L.L.P. and the user or browser. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney.