Nothing contained in section 38a-307 shall be construed to preclude insurance indemnifying the insured against the amount actually expended, in excess of actual cash value at the time any loss or damage occurs, to repair, rebuild or replace the insured property.
Conn. Gen. Stat. § 38a-313
(Formerly Sec. 38-104). Replacement insurance
(1949 Rev., S. 6111.) History: Sec. 38-104 transferred to Sec. 38a-313 in 1991.
Official source: Connecticut General Assembly. Reproduced from public-domain Connecticut statutes; confirm against the official source for the current text. Not legal advice.