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Valued Policy Definition

Valued Policy specifies an amount to be paid in the event of a loss. This gets rid of the need in determining the current value of a property.

Home Insurance Articles

• Total Loss
• Total Annual Loan Cost
• Adhesion Insurance Contract
• Additional Living Expense Loss
• Ad Valorem
• Accelerated Depreciation
• Replacement Cost
• Peril
• Non Recourse Mortgage
• Named Perils

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Home Insurance Resources

• Home Insurance Definitions
• Home Insurance Q&A