Tool
Underinsurance: how much of the loss do you bear?
Enter the actual value, the sum insured and the amount of the loss.
€
€
€
Left for your account
Property: insured 70%
The loss: 300 000 €
- The insurer pays210 000 €
- You bear90 000 €
The insurer pays the same share of the loss as the share of value insured — 70%. The rest is yours.
How it is calculated
Indemnity = loss × (sum insured ÷ actual value). When the sum insured is below the value, the indemnity is reduced in the same proportion (“average”). First-loss policies are the exception. The excess is not included. The calculation is illustrative.
The calculation shows how proportional indemnity works and is illustrative.
