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Agreed value, coinsurance and deductibles
By FC&S EditorsAgreed value is also referred to as agreed amount. The agreed value endorsement in a property insurance policy waives the coinsurance clause.
News and information for property & casualty insurance agents & brokers on personal lines insurance, including homeowners insurance, flood insurance, earthquake insurance, renters insurance, automobile insurance, life insurance, disability insurance, umbrella insurance and health insurance. These insurance products protect individuals and families against potentially crushing financial losses caused by fire, theft, natural disasters, death, accidents, lawsuits and illness.
Agreed value is also referred to as agreed amount. The agreed value endorsement in a property insurance policy waives the coinsurance clause.
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