Sometimes, your insured's damaged items have no traditional market value at all, but are valuable based on their use: things like records and… power poles? What is the value of destroyed records and damaged power poles, and what is the useful life of an electrical pole, anyhow? We've all wondered that.

In today's episode, Steve and Rebecca answer these questions and more as they discuss service value as a measure of damages. From plain old replacement value to complex considerations of depreciation, installation, and average useful life, find out how courts treat these cases arising from the "astonishing number of poles which find themselves in the path of errant vehicles."