The principle of compensation in the insurance of damages.. Insurance amount is estimated as much damage to the insured actually due if the risk insured him

Insurance from a recipe compensatory damages, in the sense that the insurance amount is estimated as much damage to the insured actually due if the risk insured him . In the previous example, if the value of the damage caused by the verification risk of fire house (15,000 pounds), the insured can not claim the insured only within the limits of this value . As long as it does not exceed the amount of insurance agreed in the contract.

According principle character compensatory in insurance damage, estimated the amount of compensation as much damage, and does not allow the insured enrichment at the expense of check insured risk it, even if it is an insurance contract last or deserved compensation from responsible for this damage, which represents - At the same time - the insured risk it.

For example, if the house was replaced insurance contract last and got insured on him compensation covers the amount of damage suffered by the house, do not have the right to refer to the insured the other for demanding the same compensation only if the amount of insurance he received from insured first not cover the entire damage shall be the right of recourse against the other insured the difference between that amount and the amount of damage.

For example, if he had the security of a home's insured (a) an amount (20000 pounds) and the security it has insured (b) an amount (15000 pounds) was the amount of damage (30000 pounds) to arrive at his claim (a) the full amount of insurance and claim (b) including cover damage (10,000 pounds) . The same applies if the cause of others mistake him in the burning house insured against fire and deserved insured him compensation for covering all the damage caused by the fire, do not have a right of recourse against the insurer asking him the amount of insurance.