Meaning INSURANCE TO VALUE
What does INSURANCE TO VALUE mean? Here you find 17 meanings of the word INSURANCE TO VALUE. You can also add a definition of INSURANCE TO VALUE yourself
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INSURANCE TO VALUEInsurance written in an amount approximating the value of the subject of insurance or that meets coinsurance requirements.
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INSURANCE TO VALUEAmount of insurance purchased vs. the actual replacement cost of the insured property expressed as a ratio.
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INSURANCE TO VALUEInsurance written in an amount equal to the value of the property or which meets coinsurance requirements
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INSURANCE TO VALUEInsurance to value is a ratio that reflects the relationship between insurance coverage limits and the actual cost to completely rebuild, repair or replace a covered item after a total loss. Safeco typically requires 100 percent insurance to value, meaning your policy limits are sufficient to replace the covered property in the event of a total los [..]
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INSURANCE TO VALUEIn property coverage, ratio of the amount of insurance to the value of an insured property. This ratio, multiplied by the amount of the loss, determines the indemnification payment.
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INSURANCE TO VALUEInsuring the full value of property, or at least to that value that meets the coinsurance requirement.
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INSURANCE TO VALUEInsurance written in an amount equal to the value of the property or which meets coinsurance requirements
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INSURANCE TO VALUEInsurance written in an amount equal to the value of the property or which meets coinsurance requirements
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INSURANCE TO VALUEInsurance written in an amount approximating the value of the property insured.
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INSURANCE TO VALUEInsurance written in an amount approximating the value of the property insured.
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INSURANCE TO VALUEThe amount your policy covers compared to the replacement value of your home. For example, a $75,000 policy on a $100,000 home has 75% insurance-to-value coverage. Many insurance companies require you to have 80% insurance-to-value in coverage (see also coinsurance
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INSURANCE TO VALUEInsurance written in an amount approximating the value of the property insured.
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INSURANCE TO VALUEInsurance written in an amount approximating the value of the property insured.
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INSURANCE TO VALUEThe amount of coverage provided by your policy compared with the replacement value of the property.
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INSURANCE TO VALUEInsurance written in an amount approximating the value of the property insured.
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INSURANCE TO VALUEInsurance written in an amount approximating the value of the property insured.
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INSURANCE TO VALUEInsurance written in an amount approximating the value of the property insured.
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