This article explains the purpose of Valued Policy Laws.
October 03, 2022 at 06:21 AM
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The Purpose of Valued Policy Laws
Valued policy laws differ among states, but they are united in purpose—protecting insureds from an insurer’s claim of underinsurance after a loss.
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Christine G. Barlow, CPCU
Christine G. Barlow, CPCU, is Executive Editor of FC&S Expert Coverage Interpretation, a division of National Underwriter Company and ALM. Christine has over thirty years’ experience in the insurance industry, beginning as a claims adjuster then working as an underwriter and underwriting supervisor handling personal lines.
Christine regularly presents and moderates webinars on a variety of topics and is an experienced presenter.