You'll likely find a coinsurance clause in your commercial property insurance policy. This clause outlines how much insurance coverage you must carry in relation to the replacement cost of your ...

Learn how a waiver of coinsurance clause in insurance policies can eliminate part of your claim payment obligation under some conditions, and understand its implications.

Discover how abandonment clauses in property insurance let owners claim full settlements on irrecoverable or high-cost damaged property. Learn key legal insights.