Property Valuation

October 26, 2023 4 min read Definitions

Full Reporting Clause in Property Insurance: Ensuring Sufficient Coverage

Insurance Commercial Policies Risk Management Property Insurance Full Reporting Clause Insurance Compliance Commercial Insurance Property Valuation

Learn about the full reporting clause in property insurance, which mandates the regular reporting of property values to ensure adequate coverage and avoid penalties.

October 7, 2023 5 min read Definitions

Understanding Actual Cash Value in General Insurance Terms

Insurance Finance Risk Management Insurance Actual Cash Value ACV Property Valuation Depreciation

Discover the concept of Actual Cash Value (ACV) in general insurance, which is the cost of replacing damaged or destroyed items with new property while considering condition and depreciation.

October 6, 2023 5 min read Definitions

Assessed Value in General Insurance Terms: Definition and Importance

Finance Real Estate Government and Public Policy Property Valuation Assessed Value Taxation Government Policies Real Estate

Discover the meaning of 'Assessed Value' in general insurance terms and learn how it influences property taxes set by government entities.