co-insurance in commercial property

Coinsurance in Commercial Property Insurance, What is it and Why?

CoInsurance in commercial property insurance – it’s a topic that’s often misunderstood and when it is it becomes dangerous for the insured. Make a mistake here and you could be in really bad shape if a claim happens. So let’s get into coinsurance explained! The first thing I want to talk about is that many … Read More

Agreed Value in Commercial Property Insurance

What is Agreed Value in Commercial Property Insurance? (Video)

What is Agreed Value in Commercial Property Insurance? And Why You Should Have It. Agreed value is an optional endorsement to a commercial property policy that waives the co-insurance provision automatically built into the policy. It essentially is an “agreement” with the insurance company underwriter that the values you have provided are the values the … Read More

Commercial Property Insurance & Rising Inflation

Today I’m going to talk about the impact that inflation is having on commercial property insurance costs. As well as how you should be preparing for your business insurance renewals. Okay, so it’s July 2022 and we’ve seen the cost of building materials, as well as overall construction costs, jump pretty significantly for the past couple … Read More

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