Is there coinsurance on a flood policy? - InsuredAndMore.com
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What Is Coinsurance on A Flood Policy?What Is Generally Included in A Standard Flood Insurance Policy?What Is Not Covered Under A Flood Policy? Coinsurance. A penalty imposed on the loss paymentunless the amount of insurance carried on the damaged building is at least 80% of its replacement cost or the maximum amount of insurance available for that building under the NFIP, whichever is less.
Coinsurance. A penalty imposed on the loss paymentunless the amount of insurance carried on the damaged building is at least 80% of its replacement cost or the maximum amount of insurance available for that building under the NFIP, whichever is less.
DA: 59 PA: 87 MOZ Rank: 75