INSURANCE QUOTESSTART HERE 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 Home Insurance Resources Home Insurance Definitions Home Insurance Q&A