Imperial Insurance Co. v. National Homes Acceptance Corp.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• stating that liability “shall not exceed” (1) actual cash value with deduction for depreciation, (2) repair or replacement costs with material of like kind and quality, or (3) policy limit
• the determination of whether there has been an increase in hazard should be made from the point in time the policy was issued

Source: CourtListener parenthetical corpus (CC0).