Agreed Value Policy

Agreed Value Policy

This policy is a residence only policy designed to protect you from the average clause once terms and conditions laid out by JNGI have been met.

Your property should always be insured for full replacement value.

Agreed Value Policy Insures:

  • Perils (fire, lightning, explosion, hurricane, windstorm, earthquake, volcanic eruption, flood, riot, strike, malicious damage, impact damage, burglary, theft)
  • Increased liability limits
    o Employer’s Liability – $15,000,000
    o Public Liability – $5,000,000
    o Property Owners Liability – $5,000,000
    o Refrigerator/Freezer Contents – $20,000 (replacement of spoiled food or drink)
  • $200,000 free contents insurance with a minimum of $1 million home contents insured
  • Protection against the average clause

Who is this for?

This policy is designed exclusively for private houses and covers building and/or contents.

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