A condition in a property insurance policy that makes the policyholder to have insurance as a percentage of the property’s value. If this insurance does not exist, the policyholder is charged the coinsurance penalty.
The Rantings of the barely human.
A condition in a property insurance policy that makes the policyholder to have insurance as a percentage of the property’s value. If this insurance does not exist, the policyholder is charged the coinsurance penalty.