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Insuring to Value: Meeting a Critical Need

Insuring to Value: Meeting a Critical Need
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  • List Price: $70.00
  • Buy New: $52.22
  • as of 4/23/2018 09:47 UTC details
  • You Save: $17.78 (25%)
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  • Seller:Moonlit City
  • Sales Rank:4,609,189
  • Languages:English (Published), English (Original Language), English (Unknown)
  • Media:Paperback
  • Number Of Items:1
  • Edition:2
  • Pages:168
  • Shipping Weight (lbs):0.5
  • Dimensions (in):7.3 x 0.3 x 9.8
  • Publication Date:February 1, 2007
  • ISBN:0872187292
  • EAN:9780872187290
  • ASIN:0872187292
Availability:Usually ships in 3-4 business days

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Synopsis
Catastrophic loss events in the late 20th century pointed out a grave problem for the insurance industry: there had been massive miscalculations of homeowners’ property values. The issue was spotlighted again early in the 21st century when catastrophes slammed the United States. These events illustrated the critical importance of correct valuation. Without it, premiums are inadequate and settlements insufficient to fulfill the promise to replace with like kind and quality. Insuring to Value: Meeting a Critical Need analyzes the need for correct valuation when binding and renewing homeowners insurance policies. It explains how valuation methods were improved after the industry focused on the serious undervaluation problem that was highlighted in the late 20th century. The book then demonstrates how state-of-the-art valuation methods are leading to greater opportunities to strategically manage books of business for property insurer stability and policyholder protection.

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