An insurance valuation is an estimate of worth made for cover against loss. Get an insurance valuation.
It is a replacement figure rather than a selling price, so it is usually higher than a shop would pay. An insurance valuation needs redoing every few years, since prices move.
1nouninsurance valuationAn estimate of worth made for cover against loss.
“The insurance valuation came in at twice what she had paid.”
insurance valuation is a valuation.
Practised in Jewellery & Watches