Insureds are entitled to recover an amount NOT greater than the amount of their loss under the principle of

The principle of adhesion pertains to insurance contracts that are generally drafted by the insurer and presented to the insured on a "take it or leave it" basis, meaning the insured has little to no bargaining power. This principle does not relate to the recovery amount following a loss and instead focuses on the nature of the contract itself.

Utmost good faith is a fundamental principle in insurance requiring both parties (the insurer and the insured) to act honestly and disclose all relevant facts. While crucial for the validity of an insurance contract, it does not govern the limits on recovery amounts after a loss occurs.

A warranty in insurance refers to a specific promise made by the insured regarding certain conditions or facts about the insured item or person. While warranties may impact coverage and claims, they do not directly determine the amount recoverable in the event of a loss.