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amount subject

Amount subject is the value that may reasonably be expected to be lost in a single fire or other casualty, depending on the protection and construction of the risk and the distribution or concentration of values.

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amount subject

Amount subject is the value that may reasonably be expected to be lost in a single fire or other casualty, depending on the protection and construction of the risk and the distribution or concentration of values.

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Estimating the amount subject is a major responsibility of inspectors and underwriters.

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