Posted 11/19/2022 14:39 (#9940137 - in reply to #9939734) Subject: Co-insurance?
east central ND
I don’t know if it’s the right term, but if you insure for under 80% value in many states, it is considered co-insurance and you really get whacked on any pay out. I think the way it works is if you insure for 20% of the value, they will only pay 20% on a claim? Someone can correct me on this..?..?
Land liability insurance companies
