What Does Amount Subject Mean?

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What does Amount Subject mean? Read on to discover the definition & meaning of the term Amount Subject - to help you better understand the language used in insurance policies.

Amount Subject

Amount Subject

The value that may reasonably be expected to be lost in a single fire or other casualty, depending on the protection and construction of the risk and the distribution or concentration of values. Estimating the amount subject is a major responsibility of inspectors and underwriters.

We hope the you have a better understanding of the meaning of Amount Subject.

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