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References in periodicals archive ?
Insurance to value is a property insurance underwriting concept, which focuses on insuring your camp buildings and other real property at their full replacement value.
But some insurance to value problems are the result of inadequate attention to this issue by insurance agents and insurance companies.
Regardless of which resource you use to calculate the replacement value of your real property, it is vitally important to carry insurance to value.
Once you have established proper insurance to value, commit to keeping the values up to date.
Proper insurance to value has an obvious impact on the bottom line of an insurer when it's recognized that property rates are promulgated based on the full value of the property.
When we fail to get proper insurance to value, no one wins.
The issue of proper insurance to value is often overlooked for a variety of reasons, not least of which is that most policyholders do not suffer losses.
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