Louisiana Insurance Company Law Firm Posts About Replacement Cost Value and Actual Cash Value | Property Insurance Coverage Law Blog | Merlin Law Group

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2 months ago

Chip Merlin

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The insurer paid the ACV of the loss but withheld depreciation pending repairs. In their post, Insurance: “ACV,” Depreciation, or Both, the firm noted general Louisiana law regarding the payment of actual cash value and replacemen ...Read More

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