Susan Dow v. Safeco Insurance Company of America.

Year: 2024
Court: United States Court of Appeals for the Ninth Circuit
Case Number: 23-2641

In its amicus brief, United Policyholders addresses the critical distinction between Actual Cash Value (ACV) and Replacement Cost Value (RCV) in property insurance policies, and the rightful entitlement of policyholders to a receive full ACV payment as the minimum “floor,” irrespective of subsequent repair costs actually expended or the policyholders pursuit of RCV benefits at some point in the claim process. This issue not only impacts Ms. Dow but also sets a precedent that could affect thousands of policyholders across the Ninth Circuit and beyond.

Erik Peterson of Erik Peterson Law Offices PSC

 

The information presented in this publication is for general informational purposes and is not a substitute for legal advice. If you have a specific legal issue or problem, United Policyholders recommends that you consult with an attorney. Guidance on hiring professional help can be found in the “Find Help” section of www.uphelp.org. United Policyholders does not sell insurance or certify, endorse or warrant any of the insurance products, vendors, or professionals identified on our website.

Source: https://uphelp.org/amicus-briefs/susan-dow-v-safeco-insurance-company-of-america/
Date: November 25, 2024