Models for Insurable Value Assessment, their Accuracy and Optimal Value of Buildings
Authors | |
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Year of publication | 2014 |
Type | Article in Proceedings |
Conference | 6th International Conference "Economic Challenges in Enlarged Europe" Conference Proceedings |
MU Faculty or unit | |
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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