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The Mechanics of Coinsurance
By Barry Zalma, Esq., CFECoinsurance is an often misunderstood term and one that causes frequent dissatisfaction with insureds over claim settlements
News and information for property & casualty insurance agents and brokers on commercial lines insurance, including commercial property, D&O, E&O, Environmental, construction, employee practices liability, EPLI, business owners’ policy (BOP), general liability, crime, business interruption, cyber, equipment breakdown insurance, workers’ compensation, employee benefits, small business insurance, medical malpractice, fire and flood coverage, among other important types of coverage.
Coinsurance is an often misunderstood term and one that causes frequent dissatisfaction with insureds over claim settlements