Vacancy ...
The absence of occupants and the removal of personal property contents from the premises.
        

Valuable Papers and Records Insurance ...
Inland Marine coverage for blueprints, manuscripts and other valuable printed documents.
        

Valuation ...
A method of determining the appropriate amount for a loss payment.
        

Vandalism ...
Intentional destruction or defacement of property that is not owned by the person causing the damage.
        

Vandalism and Malicious Mischief ...
Insurance coverage that provides protection against damage caused by vandals.
        

Vicarious Liability ...
Liability incurred from the actions of others, particularly employees or family members. (Also known as, Imputed Liability.)
        

Voluntary Market ...
The portion of Insurance Companies that want to write your business. (Contrast, Reinsurance Facility, and Residual Market.)
        

 
 
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