Why performs this remind me of the Co-insurance clause? Because this clause works best when you insure your premises for it is true value. It's simply like the teeter-totter. You tell the company the true value of your property. The corporate charges your premium on that appraisal. This makes pounds even for both sides. It is a fair great deal. If you have a loss, the claim is settled. Tend to be happy seeing that the claim is settled at the true value of your place.
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