Tag: coinsurance penalty explained

Calculating Coinsurance on a Homeowners Insurance Policy

Calculating Coinsurance on a Homeowners Insurance Policy

| December 19, 2010 | 0 Comments

Coinsurance is not something new in the insurance industry. It is, however, something that some policyholders seem to have a difficult time understanding. Many individuals not familiar with insurance think of the coinsurance clause as a penalty clause. Actually, the coinsurance section of a policy can be looked at as a double-edged sword. Benefit of […]

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