Definitions for "Insurance to Value"
The concept of purchasing sufficient insurance coverage so as to closely approximate the value of the property being insured.
in property insurance, the ratio of the amount of insurance carried to the replacement cost value of an insured property. Insured parties should strive to carry an amount of insurance as close as possible to 100% of the replacement cost.
(Assurance à la pleine valeur) Insuring property for its actual cash value (current replacement cost less depreciation). However, if the policy contains a replacement cost clause, then insurance to value is cost to replacement.