agreed value
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 279 U.S. 708 - Gulf Refining Co. v. Atlantic Mutual Insurance · 1929Most cited · 30 citing opinions
marine insurance
The policy agreement valuing the cargo at a specified amount is not a representation, or so regarded. It is no more than a stipulation in effect, that for purposes of computation of the insurance liability the cargo shall be taken at an agreed value.
How often courts cite the case defining “agreed value”
Court decisions citing the opinion that defined “agreed value” — 30 in all, by decade. Counts are citations to the defining case as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.