Models for Insurable Value Assessment, their Accuracy and Optimal Value of Buildings

Authors

CUPAL Martin

Year of publication 2014
Type Article in Proceedings
Conference 6th International Conference "Economic Challenges in Enlarged Europe" Conference Proceedings
MU Faculty or unit

Faculty of Economics and Administration

Citation
Field Economy
Keywords insurable value; value of buildings; sum insured; property; model
Description An insurable value expresses value of buildings for insurance cover against damage or destruction. The main objective of the research was to examine and compare all relevant models and procedures for insurable value assessment on Czech insurance space. These were further assessed in terms of the completeness of variables and evaluated according to the accuracy of valuation.
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