Middlesex County, Ontario | Verify with the insurance company what would happen with compensation if a building were to burn and you chose not to replace it. Some policies will not pay out for a loss, they pay out for a replacement. No replacement - no compensation.
Have a good think about if you would replace the buildings or not.
Don't make $3000 claims, eat those or you'll pay more than that next year when your rates go up. If you aren't making $3000 claims then don't have a $1000 deductible. |
Anyone self insured?
