Video – Attorney Spencer Freeman Explains If Litigation Is Easier With One Type Of Insurance Policy Versus The Other In A Fire-Loss Case?

Ray Hrdlicka – Host – Attorneys.Media

“So, we have two policies, there, on fire-loss policies. Cash Value and Replacement Value.”

Spencer Freeman – Fire-Loss Attorney – Pierce County, WA

“The actual cash value and the replacement value, yes.”

Ray Hrdlicka – Host – Attorneys.Media

“Okay. Is one easier to work with than the other in terms of litigation?”

Spencer Freeman – Fire-Loss Attorney – Pierce County, WA

“No. As far as litigation is concerned, they’re going to be somewhat similar. There’re more issues available to litigate in a replacement cost value case. I think the bigger thing is…in a replacement value case there’s more access to funds and there’s more access to rebuilding the house for the homeowner. So, if you don’t know what kind of policy you have and you’re a homeowner, you need to go check. The best policy to have is…”

Ray Hrdlicka – Host – Attorneys.Media

“No kidding…it sounds like it’s the replacement, of course.”

Spencer Freeman – Fire-Loss Attorney – Pierce County, WA

“No question. No question.”