Sproull v. State Farm Fire and Casualty Co.

2021 IL 126446 (IL. 2021)

Words & Phrases

Actual Cash Value

Appellate Judge

Burke

Holding

Depreciation may not be applied to the labor component. 

Fact Summary

Where policy was ambiguous in method for calculating actual cash value for a property loss, only the property structure and materials are subject to a reasonable deduction for depreciation.

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