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State Farm says Actual Cash Value Does Not Mean an Item's Actual Value in Cash

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Published on Aug 22, 2013

"Roy Paynter, manager at State Farm, discusses the depreciation of insured items and how the company comes to assess an item's value, such as an antique. In his deposition, Paynter is questioned about cash value versus market value, and reveals the logic behind payouts on personal items.

You can reach the experienced attorneys at Arguello Hope & Associates, P.L.L.C., at 1-888-CLAIM-68 or by email at AHA@SimplyJustice.co­m."

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