Insurance Company A has a standard 90% coinsurance clause for all fire insurance coverage. Insurance Company B has a standard 75% coinsurance clause for all fire insurance coverage. A building is valued at $195,000. How much more insurance coverage would Insurance Company A require than Insurance Company B for full coinsurance coverage?

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The Answer of Insurance Company A has a standard 90% coinsurance clause for all fire insurance coverage. Insurance Company B has a standard 75% coinsurance clause for all fire insurance coverage. A building is valued at $195,000. How much more insurance coverage would Insurance Company A require than Insurance Company B for full coinsurance coverage?

Insurance Company a Has a Standard 90% Coinsurance Clause for All