Calculating Coinsurance

Some business insurance policies include a coinsurance clause. If your policy includes a coinsurance clause, the amount of insurance you have purchased (the limit of insurance) must equal or exceed a specified percentage of the value of the insured property. For example, if 80% coinsurance applies to your building, the limit of insurance must be…

Active Shooter Training

Active shooter incidents can happen anywhere. Would you know how to respond in a crisis? Chesapeake Employers Insurance is offering free seminars where employers and citizens can learn how to prepare for and respond to an active shooter incident. The training includes: Common sense disaster response planning Best practices to reduce casualties and increase chance…