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The following information is about Average.

Average Defined


A policy condition requiring the amount of a claim payment to be reduced proportionately if the policyholder has not insured their property for the full amount of its value or replacement cost. For example if you have insured a £100,000 home for £50,000 and suffer a total loss, an insurer can apply the law of average and pay you just £25,000.

This definition is in context to Auto Insurance. See more contextual defintions for Average.


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New law benefits workers, families

Published July 4, 2009, 1:42 am, Courier-Post

The first wave of workers have applied to the state to collect family leave benefits under a new law that provides all employees -- regardless of company size -- up to six weeks of paid time off to care for a new baby or a sick family member.

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Coast Guard issues safety advisory for Fourth

Published July 4, 2009, 1:31 am, Harwich Oracle

The Coast Guard is urging all mariners to be particularly prudent during the Fourth of July weekend.

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Richard Brown: Obama needs help to aid average Americans

Published July 4, 2009, 1:26 am, Summit Daily News

I am greatly concerned that the lower- and middle-income Americans who drastically need and desire many social changes and improvements in order to counteract the greed and corruption of our current capitalist system stand little chance of getting...

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Ibanez's return keeps drifting deeper into July

Published July 4, 2009, 1:07 am, The News Journal

Raul Ibanez is still at least a few days away from beginning a rehab assignment in the minor leagues.

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Some golden investment tips

Published July 4, 2009, 1:00 am, rediff.com

In an hour-long on rediff.com on Wednesday, financial planning expert Sailesh Multani offered some valuable investment tips.

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Homeowners foiled by fine print

Published July 4, 2009, 12:27 am, Denver Post

Clyde Edmonds' refrigerator stopped working, so, naturally, he called the company that sold him the home warranty contract that covered the appliance.

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Docs speak out on health care reform

Published July 4, 2009, 12:20 am, The Ambler Gazette

The health care system in the United States is broken. That much was in agreement among those who spoke at a health care reform meeting hosted by state Rep. Josh Shapiro, D-153, Monday at Holy Redeemer Hospital.

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Three-run 16th gives Tigers victory over Twins

Published July 4, 2009, 12:17 am, Post-Bulletin

MINNEAPOLIS -- Placido Polanco hit a pair of extra-inning RBI singles, the second giving the Detroit Tigers the lead for good in an 11-9 victory over the Minnesota Twins in 16 innings Friday night.

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After a Layoff: Evaluating Your Health Insurance Options

Published July 3, 2009, 11:25 pm, Lexington Clipper-Herald

(ARA) - As the economy continues to struggle, an increasing number of people are faced with the unfortunate prospect of losing their job.

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Barrasso co-sponsors rural health bills

Published July 3, 2009, 11:01 pm, Casper Star-Tribune

CHEYENNE -- Sen. John Barrasso says he has ideas for lowering health care costs in rural areas and helping make sure rural clinics remain viable.

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