• Skip to primary navigation
  • Skip to main content
  • Skip to footer
  • Insurance
    • FAQ
  • About
    • News
    • Mission Statement
    • Our Staff
    • Board Members
    • Scholarships
  • Newsletter Sign-up
Mennonite Insurance

Mennonite Insurance

Our commitment is to provide you with competitively priced, superior insurance products with the highest quality service.

  • Login
  • Get a Quote

Flood Insurance

Co-Insurance: What Does This Mean for Property Insurance

March 4, 2021

Vic Alemania of Mennonite Aid Plan explains how coinsurance affects the settlement amount on a loss. Vic also notes that coinsurance for property policies is completely different from coinsurance in health insurance policies.

To obtain the full policy benefits, your policy coverage limits must be at least the percentage (typically 80%, 90% or 100%) of the full replacement cost required by the coinsurance clause of your policy. The example in the video below is the easiest way to understand coinsurance.

Filed Under: Business Insurance, Condo Insurance, Earthquake Insurance, Flood Insurance, Home Insurance, Renters Insurance

Vic Alemania Explains Water Damage Claims

February 4, 2021

Vic briefly explains types of water damage and which ones are usually covered.

Filed Under: Flood Insurance, Insurance Explained

Footer

Mennonite Insurance Logo

PO Box 878
1110 J St., Reedley, Ca 93654
559.638.2327
[email protected]

Quick Links

  • Insurance Types
  • Report a Claim Form
  • Payments
  • Scholarships
  • About
  • FAQ
  • Contact Us

Copyright © 2023 · Mennonite Insurance · Developed by Bet Hannon Business Websites · Accessibility Statement · Privacy Policy