Area Erectors, Inc. v. Travelers Property Cas. Co.

2012 IL App (1st) 111764-U (Ill. App., 2012)

Words & Phrases

Fire Insurance: Replacement Cost

Trial Judge

Honorable Kathleen M. Pantle

Appellate Judge

Justice Howse

Holding

Actual cash value of damaged crane, rather than replacement cost, was the appropriate method of valuation because crane was more than five years old.

Fact Summary

Rule 23 opinion.

Judgment of trial court affirmed.

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