The total amount of insurance compensate will be the smaller one between the declare value and insured amount.

当客户投保额度与货物实际价值不符时，理赔金额将以较低的为准。

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Some critics also say insurers are inflating the insured value of houses, saying they would cost more to rebuild, thus raising the total bill each year without raising rates.

NPR: Coastal Homeowners Stagger Under Insurance Costs