Amount of Insurance to Value
Amount of Insurance to Value
The ratio of the amount for which a
property is
insured to its
value. For example, if a property is insured for $120,000 and its market value is only $60,000, the amount of insurance to value is 2:1.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
Copyright © 2003-2025 Farlex, Inc
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.