credible carrier would willingly under- insure you, as the reason for the entire insurance industry’s existence is to make sure their clients are made whole again. While these two concepts are often confused, it is important to understand the differences between what each term means, and the different applications in which each are used. Knowing your market value is still quite important when you are going to buy and/or sell a building, but for insurance purposes, it’s all about the replacement cost!
Lauren Lieb Sr. Commercial Risk Advisor InsuranceHub (678) 812-2516 LLieb@insurancehub.com
Lauren has been with InsuranceHub for over 7 years and specializes in advising clients all around the country in regard to their multi- family and other lessor’s risks properties. When she is not helping her clients, you can find her fostering dogs for animal rescues (and only occasionally keeping them). She originally hails from Ohio, but now lives in Decatur, Georgia with her husband and menagerie of pets.
IT I S MUCH BETTER TO BE SL I GHTLY OVER- I NSURED THAN UNDER- I NSURED .
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