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Q: In a damageclaim, what's the most common marketplace for determining the fair marketvalue of diamond jewelry? Is it the orderly liquidation market, retail market, retail replacement market? You must determine the most common market where the property is sold to the public (i.e.,
So, I thought that if I had a policy with a personal property limit of $500,000, and a $25,000 painting was stolen from my home, it would be completely covered, less the deductible of course. The Scheduled Form – The values on the schedule attached to the policy are the agreed values for coverage under the policy.
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