Guessing On Property Limits Could Cost You

Are Your property limits adequate? Determining the correct property limit can be a difficult task, but it is an important consideration when evaluating your insurance program. Defining accurate limits, including the proper endorsements and structuring policies to match your needs are key to establishing an appropriate program. Here are some critical items to think about when evaluating your property coverage: * How did you reach your limit? Estimates developed using only company replacement cost calculators, loss control inspections, or appraisals could leave you underinsured when a loss occurs, or paying for additional coverage that can never be used. Onsite property visits can be...