Coinsurance Penalty: Why Your Claim Payment Was Cut, and How to Push Back
Coverage was never denied. The carrier reduced the payment because it says you did not carry enough insurance. The penalty rests on a valuation it performed after your loss, and that valuation can be checked and challenged.
Commercial Property Damage Claims: The Roof and Hail Coverage Owners Miss
A commercial property damage claim is not a bigger version of a residential one. Three provisions in your declarations - coinsurance, roof endorsements and ordinance or law - decide most commercial roof and hail settlements before an adjuster ever climbs a ladder.
Filing a Business Interruption Insurance Claim: What Most Owners Miss
Business interruption is not one line on a policy - it is a cluster of coverages, and carriers pay the ones you ask for. Here are the three owners leave on the table, and the clock your insurer is on in Florida, Minnesota and Wisconsin.