All blogs related to commercial property insurance.
Statement of Values, what all gets included in that? My goodness, everything that you own, that you insure on a property policy. It could be your building, it could be your furniture, fixtures, and equipment. It could be business income.…
Why is a statement of values important? Well, honestly, it’s because it’s the way the insurance company knows how much stuff you have and what it’s worth. Is a Statement of Value Important? See, we talked to you in…
What is coinsurance? Oh, my goodness. We have copays, coinsurance, all of this stuff on the medical side and now you’re throwing it at me in my property and casualty insurance? I don’t get it, and I don’t want to.…