News & Press
In property insurance claims, Actual Cash Value (ACV) is often calculated as replacement cost minus depreciation—but that doesn’t always reflect a property’s true value. Under the Broad Evidence Rule, adjusters and appraisers are encouraged to consider multiple factors, such as market value, functional condition, and income potential, to arrive at a fairer and more accurate valuation. This approach is especially useful for properties with unique characteristics or market conditions that don’t fit neatly into a standard formula. By weighting different valuation inputs, professionals can better capture the real economic loss—leading to more balanced, defensible outcomes for both insurers and policyholders.
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“My business experienced a sewage flood that rendered our office uninhabitable during peak revenue season. Completely overwhelmed, I was referred to Eastern Public. They made what would have been an awful process so much more bearable and made sure we got what we deserved in terms of loss reimbursement.”
Val V.
President , Sprigs
Mount Kisco, NY
“When my summer home was subject to extensive water damage, Eastern Public and their team of experts came in and handled every element of my claim. They helped me understand my policy, identified all the repairs necessary to restore my home, and effectively negotiated a settlement on my claim that far exceeded my expectations.”
Keith W.
New Jersey Home Owner
