I HATE Coinsurance!

Here's a video I made to explain coinsurance in property insurance... Coinsurance is a remnant of 1950's style insurance.  If it's in your insurance, get it removed.  Ask your agent why it's in there. … [Read more...]

Letters! Coinsurance

I get emails every week asking questions. Here is one I got Friday... I teach commercial insurance at a University in Puerto Rico. As I've learned, the coinsurance clause cannot by applied when a total loss occurs. However, one of my students indicates a main insurer in applying the clause to total loses. A specific case is a House insured … [Read more...]