Unraveling Complications in Loss Settlement: Coinsurance, Replacement Cost and Cosmetic Matching
Loss settlement provisions dictate how an insured loss is settled -- but settlements are not always as straightforward as they seem. How do coinsurance provisions work? What happens if part of the roof or siding is damaged and matching shingles or siding is no longer available?
Join the acclaimed editors of FC&S as they discuss the basics of loss settlement: calculating coinsurance, applying the replacement cost option, and more!
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