Category: Claims

What You Need To Know about Co-Insurance on Property Policies

If tangible property is an integral part of business operations, understanding the co-insurance clause in property insurance is important to ensure that, in the event of a total-loss, a claim payout will be equivalent to your purchased limits. This applies to a variety of property policies and adhering to the co-insurance clause is beneficial for both the carrier and the insured. It is important to... Read Article

The Difference Between Liability and Property Risks and Claims

Sometimes the lines between a property or liability claim can be blurry.  For homeowners and business owners alike, determining what type of claim to file or identifying which policies will respond to a given occurrence can be confusing.  Below, please find Beckerman & Co’s cheat sheet for determining if a policyholder is dealing with  property or liability insurance. The first helpful tip to remember is... Read Article