Property Insurance Roundtable

We assembled four industry panelists to answer these very important insurance coverage questions. This information is intended to assist policyholders by clearing up common misnomers, gauge proper coverages and finding the right broker. Remember, it’s important to read the contract language thoroughly and understand which policies cover which assets to make sure you are reimbursed properly in the event of a loss. For further information on this topic, please read our corresponding Adjusting Today article: "Coinsurance/Insurance to Value Revisited: An Essential Concept in Property Insurance."   Key Takeaways: [:35] Introducing the panelists [1:08] What is coinsurance? [4:46] Why would coinsurance be included in a policy? [9:04] What challenges do policyholders face when filing an insurance claim on policies including coinsurance? [17:00] What role does the deductible play in calculating coinsurance penalties? [20:56] What can policyholders do to ensure their policy coverage is adequate? [37:54] What options d