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Understanding insurance building limits (video)

Posted by Kayla Eggert, AINS, ARM on Feb 22, 2023 8:30:00 AM

Imagine a worst-case scenario for your business, maybe a catastrophic fire or a roof collapse. You’re forced to rebuild, almost from the ground up. Is your building limit high enough to cover your losses? It can be tempting to keep a lower limit on your building to keep premiums down, but this won’t help in the event of a loss. In this video, one of our underwriters explains building limits, including replacement cost, actual cash value, and coinsurance. Check it out and verify your limits are high enough to make your business whole again in the event of serious building damage.


Topics: Insurance

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