Coinsurance Penalty: The 80% Rule Commercial Trap
Business damaged? If you didn’t insure 80% of value, you face a ‘Coinsurance Penalty’. Learn how this math reduces your payout.
The Second Check: How to Claim Recoverable Depreciation
Insurance only paid half? Learn how ‘Recoverable Depreciation’ works and the steps to release the rest of your claim money.
Insurance Offering a Partial Repair? The Line of Sight Rule May Require Full Replacement
If your insurer wants to patch mismatched siding or replace just one roof slope, the Texas “Line of Sight Rule” and Like Kind & Quality standard may entitle you to a full replacement. Here’s how to document it and what to say to your adjuster.