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.
The Insurance Appraisal Clause: Your Option When the Offer Is Too Low
After a lowball offer most policyholders think the options are accept it, argue, or hire a lawyer. There is a fourth already written into the policy, and it produces a binding number without going to court.