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Such deductibles are generally a percentage of the home's insured value, and usually run from 1 to 5 percent.
But hurricane deductibles are generally a percentage of the home's insured value and usually run from 1 to 5 percent.
"Percentage deductibles vary from 1 to 15percentt of a home's insured value, depending on factors that differ from state to state and sometimes from insurer to insurer," Ms. Salvatore said.
The bank filed suit this month, insisting that the building was too contaminated to be reoccupied and asking the court to force Allianz and AXA to declare the building a total loss and pay their contracted share of $1.7 billion in insured value.
Then again, insured value and appraised value are not always the same. .
Typically you can spend up to 20% of the total insured value to cover alternative accommodation and heating costs.
Similar(34)
The syndicate system, which was developed to handle the greatly increased insured values of the 20th century, created a means of spreading an insurance risk over a number of individuals.
Falling real estate prices will reduce insured values and premiums.
Some will go to those who insured the value of securities, like Ambac Financial, which surprised Wall Street by posting its first quarterly loss this week.
The self insured companies value the product because we can cut down and reduce their health spend.
Even as Sprint PCS's shares were soaring through 1999 and 2000, he was arranging hedge investments to help insure the value of his shares.
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