Macaulay Insurance Agency

Need to know how Medicare works? Watch this video and find out:

How does Coinsurance work? Let’s say you have a building that you believe would cost $100,000 to replace and a coinsurance penalty in your policy of 80 percent. You insure the building for $80,000 thinking you have fulfilled the coinsurance clause. A fire loss causes $60,000 worth of damage so[…]