Picture this: a pipe bursts, or a small fire breaks out in the back office, and you file a commercial property insurance claim expecting it to be straightforward. Instead, the cheque that arrives is thousands of dollars short of what you lost. Nine times out of ten, the reason is buried in a clause most policyholders never read closely, the co-insurance clause. By the time they find out about it, it’s too late to do anything but pay the difference themselves.
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