What Are The Different Types Of Policies That May Be Involved In A Fire-Loss Litigation?
What insurance policies are involved in fire-loss litigation? At the center is the homeowner's coverage, explains Pierce County, Washington fire-loss attorney Spencer Freeman. A policyholder holds one of two types: an actual cash value policy or a replacement value policy. Which one you have dictates how much money is actually available to you after the loss.
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Answered by Spencer Freeman · Pierce County, WA
Highlights
— why the homeowner's policy is at the center of the fight
Frequently Asked Questions
What policies are involved in fire-loss litigation?
At the center is the homeowner's coverage—a policyholder holds one of two types, an actual cash value policy or a replacement value policy, and which one you have dictates how much money is actually available to you after the loss.
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