Meaning Insured value
What does Insured value mean? Here you find 6 meanings of the word Insured value. You can also add a definition of Insured value yourself
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Insured valueThe insured value is the amount that a structure is insured and should include the cost of replacing the structure if completely destroyed.
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Insured valueMonetary value to which goods on a shipment are insured to
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Insured valueThis is the maximum amount your insurer will pay for your vehicle if it's damaged and cannot be repaired. The value is based on your pricing of the vehicle when you took out the policy or the cur [..]
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Insured valueIn the case of car insurance, this is the maximum amount the insurance company will pay out in the event of a claim. This will either be the amount you stated the vehicle was worth at the inception of [..]
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Insured valueUsually calculated by adding the invoice cost of the goods, guaranteed freight, other costs, and the insurance premium plus a percentage, commonly 10%. This usually represents the landed value.
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Insured valueUsually computed by adding the invoice cost, guaranteed freight, other costs plus a percentage, commonly 10%. This usually represents landed value.
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