🚨 Warning to Commercial Real Estate Owners! 🚨
Are you sure your property is properly insured? You could be facing a coinsurance penalty without even knowing it! In this video, Mendy from My Insurance Claim Expert explains the coinsurance penalty in simple terms and why it’s crucial to ensure your property is insured correctly. Don’t risk losing money when disaster strikes – learn how to avoid costly mistakes today! 💼🏢
📊 What is a Coinsurance Penalty? Insurance companies may penalize you if you’re underinsured by a certain percentage. Find out how it works and why annual policy reviews are a must! 🔍💡
If you need help reviewing your policy or have any insurance-related questions, don’t hesitate to reach out! We’re here to make sure you’re properly insured before it’s too late.
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📞 Contact Us: Call: 833-PANTHER Email: questions@pantherpa.com
Important Reminder: Don’t wait until it’s too late – review your property insurance today and avoid the devastating consequences of a coinsurance penalty. Get in touch with us for a policy review or any insurance questions! 👨💼
YouTube Chapters:
0:00 – Introduction: Why This Matters for Property Owners
0:30 – What is the Coinsurance Penalty?
1:00 – Coinsurance Example: How Underinsurance Affects Your Claim
1:35 – How Much Will You Lose in a Coinsurance Penalty?
2:00 – Real-Life Example: 70% Coinsurance Penalty
2:33 – How to Avoid the Coinsurance Penalty
2:55 – Final Thoughts: Protect Your Property & Policy
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