Frequently Asked Questions about Business & Industrial Property Claims

FAQs About Business and Industrial Property Claims

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Check with your agent or broker to make sure they help you fully understand the coverage’s and the co-insurance requirements.  

Amount of recovery =Value of Loss   X   Amount of Insurance Carried   - Deductible                                                                                  Amount of Insurance Required

Check with your agent.  The deductible will either be fixed or it will be calculated as a percentage.