Business Insurance Forum

Basically, when you sign up for a coinsurance policy, you insure something at less than its face value. Insurers may do this because they know that a structure or possession can be replaced for less than face value, or because they are willing to pay some out-of-pocket expenses to keep their insurance rates down. If a claim is made on the policy, the insurer pays their share of the coinsurance while the insured is expected to pay any remaining balance.
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Granite Tile

errors and omission insurance would help business persons insure their financial stuff more efficiently. For more details goto LINK REMOVED BY MOD-LORI

We're about to start our jumper renting business. Do we get business insurance?

Dear Community,

We have a problem in that the site insurance on a building site is failing to pay out against an injury claim, so now the injured party is looking to settle directly with the landlord of the building.

Is it a common occurrence for insurers to duck these claims in this way? It seems very unlikely that a good architecture firm would not have the correct insurance (indeed, I believe that it is impossible to be awarded a construction license without such insurance). Do we need to sue the insurance firm to find out??

Please advise!

A

Our water park has a swimming pool which is set for-profit. Would it be difficult to have liability coverage? We wanna watch our visitors enjoy and don't wanna worry about unforeseen injuries.

Everybody has a lot of contacts, stored in their private cell phones, but how to keep these contacts information preserving forever? The first answer We think is backup, backup data of these contacts and save into our computers, so that it can made a secure place for all of our valued contacts.

Balance of post deleted by Moderator- InsTeacher for Terms of Use violation.

To the OP: Please refer to the Terms of Use link located at the bottom of this page. You cannot use this forum for advertising purposes in the manner utilized.

Hello Friends,

(Links and advertisements hawking "credit repair" schemes removed by Moderator: InsTeacher per Terms of Use. As well, all credit "repair" companies are scams...they can't do anything you can't do yourself and they charge up the ying-yang for their services which are pretty much worthless...ok, I mean completely worthless)

My agent said I need to be concerned about coinsurance. What is coinsurance?

Can I purchase insurance to cover lawsuits against my business?

What is the difference between a Businessowner’s Policy and a General Liability Policy?