Understanding Coinsurance Problems In Builder's Risk Policies

Coinsurance is a difficult subject to understand, but it can have many implications for coverage in the context of ongoing-operations and first-party coverage, particularly in the Builder's Risk arena.  We have litigated under many of these policies and find coinsurance to be one of the knottier problems.  One of our excellent summer clerks helped me address these issues last year in an article for the OSB's Construction Law newsletter, available here.