Are you having trouble answering the question “The purpose of coinsurance on fire insurance is to”? You don’t have to worry about it anymore. Azanswer team is here with the correct answer to your question.
The purpose of coinsurance on fire insurance is to
a. require the client to pay part of every claim
b. require the client to carry proper coverage
c. eliminate coverage for small claims
d. to reinforce the principle of indemnity
Answer: b
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