Sentences with phrase «value of damages»

A contractors equipment policy may pay losses based on either of two values: the actual cash value of the damaged property, or the cost or repair or replace it.
Another aspect that should be considered is whether your policy pays the actual cash value of damaged property, or the replacement cost.
With actual cash value, the insurance company pays you an amount equal to the replacement value of damaged property minus a depreciation allowance.
In case a claim is made for partial damages, with a zero depreciation cover, you will be reimbursed the full value of the damaged car parts without the calculation of depreciation rate.
It's now set at $ 25,000, making it an excellent forum for these sort of property disputes over the replacement value of a damaged vehicle.
He knows the tricks used by insurance companies to unfairly reduce your compensation, and he knows how to accurately estimate the total value of your damages.
The jury will then determine the dollar value of the damages the accident victim sustained, and they will reduce that figure by the accident victim's own percentage of fault.
There is a fundamental difference between the damage done to an interest protected by the law, and facts which are merely evidence of the financial value of that damage.
But she stayed busy by performing broker price opinions for banks who were assessing the market value of damaged homes.
If your broken bone injury was caused by the negligence of another party, you are legally entitled to financial compensation for the full value of your damages.
Insurance under which the policyholder receives an amount equal to the replacement value of damaged property minus depreciation.
Auto physical damage losses are valued based on the actual cash value of the damaged vehicle.
This coverage pays you an amount equal to the replacement value of damaged property minus depreciation.
Our personal injury lawyers work in conjunction with your treating physician to calculate the total value of your damages.
Even if you have elected to insure your business personal property on a replacement cost basis, any loss involving works of art will be determined based on the actual cash value of the damaged item.
Actual cash value, which typically pays you for the depreciated value of your damaged belongings.
Estimates of the monetary value of the damages in Puerto Rico after Hurricane Maria reach as high as 95 billion dollars.
Actual cash value, which typically pays you for the depreciated value of your damaged belongings.
An actuary is typically retained to calculate the net present value of the damages suffered by the employee.
Zero - Depreciation Cover When you log an insurance claim, a standard car insurance plan will consider the depreciated value of the damaged parts instead of their present market value.
Fred, As I wrote in my short additional comment, I do believe that risks are severe and that also the expectation value of damages may be large, but at the same time my view is that all quantitative estimates are hopelessly poor.
The marginal value of damage from climate change that can be caused by one ton of carbon in the atmosphere in 2020 is one heck of an estimate, but it comes out at $ 41.
Because of this, we attempt to be as «conservative» in our model calibration as possible; that is, we assign very high values of damages and risks of SGE, in order to bias our results against SGE deployment.
The social cost of carbon (SCC) for a given year is an estimate, in dollars, of the present discounted value of the damage caused by a 1 - metric ton increase in CO2 emissions into the atmosphere in that year; or equivalently, the benefits of reducing CO2 emissions by the same amount in that given year.
Some damages are of an economic nature, meaning that there is a face value of the damages that are suffered while some are non-economic and determining a fair compensatory value is more challenging.
Because State Farm's computer system may undervalue claims, it may be necessary to file a lawsuit to get the fair value of damages.
[92] These indicators of legislative meaning overwhelmingly demonstrate that statutory condition 6 (7) was meant solely to codify the principle that on paying the insured the full value of the damaged car (the actual cash value or replacement value), the insurer is entitled to take the salvage.
Their damage report can then be shared with your OH renters insurance company so everyone knows the monetary value of the damage and how much it's going to cost to repair.
You deserve compensation for the full value of your damages.
The majority of insurers will issue you a check within days of finalizing the cash value of your damaged vehicle.
On filing an insurance claim, a standard car insurance plan accounts for the depreciated value of the damaged parts and not the current market value.
Insurers argue when a policyholder does not intend to rebuild or replace the damaged property, the insurance policy states the policyholder is entitled to the actual cash value of the damaged property.
Flood insurance pays the replacement cost or actual cash value of the damaged property, up to the limits of the policy.
When «actual cash value» is used, the policy owner is entitled to the depreciated value of the damaged property.
The second, and less desirable, insurance is actual cash value that will pay you an amount equal to the replacement value of the damaged property minus depreciation.
An RC settlement will buy new items to replace the damaged ones regardless of current market value, but an ACV settlement will depreciate the value of the damaged items based on age and condition at the time of loss.
If there's a loss, we'll pay the cost to repair or replace, up the actual cash value of your damaged or stolen property.
Overstating the value of damage is a dangerous thing to do.
Your policy will also cover the value of damaged or destroyed personal property — such as jewelry, computers, TVs and furniture — because of fire, hurricanes and other disasters.
That is to say, in Oklahoma pets are treated merely as household property, thus the value of your damages for the loss of a pet is usually limited to the cost of its replacement, plus the cost of the veterinary bills arising from the negligent care, or additional bills incurred for corrective veterinary care.
German game publisher Crytek is suing Star Citizen developer Cloud Imperium Games (CIG) for breaching contract and infringing its copyright, asking for a jury trial to determine the value of damages.
This dollar figure also represents the value of damages avoided for a small emission reduction (i.e., the benefit of a CO2 reduction.»)
In order to prove which party was liable for your injuries and the value of damages, your attorney may need to use many different types of expert witnesses, such as:
The value of the damages also depends on your power of persuasion.
The value of damages is larger for a more significant physical injury.
In determining the value of these damages, consideration must be given to numerous factors, including the degree of consciousness of the decedent following the accident, the severity and duration of the pain and suffering experienced by the victim, and the degree of apprehension of impending death.
As such, the value of your case will generally correspond directly to the value of your damages.
A successful claim that recovers full and fair compensation means proving the value of damages and, when pursuing a third - party claim, proving the driver caused the accident.
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