Property insurance policies, whether personal or commercial, typically have a coinsurance clause that makes the policyholder responsible for some of the risk being insured. Many coinsurance clauses state that the policyholder must be insured for at least 80% of the property value, but the percentage ranges from 70% to 100%. How a Coinsurance Clause Works…

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What Is a Coinsurance Clause?

By admin|2020-06-29T19:00:05-04:00June 29th, 2020|Uncategorized|0 Comments

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What Is a Coinsurance Clause?