We assembled four industry panelists to answer these very important insurance coverage questions. This information is intended to assist policyholders by clearing up common misnomers, gauge proper coverages and finding the right broker. Remember, it’s important to read the contract language thoroughly and understand which policies cover which assets to make sure you are reimbursed properly in the event of a loss.

Coinsurance Calculation

Coinsurance Calculation


G. Craig Becker, SPPA
Scott Eich
Executive General Adjuster
Adjusters International Colorado

Scott Eich of Adjusters International holds current public adjuster licensure in 17 states and has handled claims in over 38 states. He has 29 years of property claims adjustment and management experience with an emphasis on commercial losses, with insurance companies and public adjustment firms. Mr. Eich is knowledgeable in all aspects of claim handling for large fire, wind, hail, water, water intrusion, earth movement and mold claims. He is proficient in business income calculations for all types of businesses and is well versed in a multitude of commercial and personal lines property coverage forms and policies, including CP, BOP, BR, IM, manuscript and HO policy forms. Mr. Eich is experienced at making complex coverage decisions and has worked with coverage counsel on difficult coverage issues for venues across the country. He has been retained on numerous occasions by counsel to act as an expert witness at trials. As an EGA/GA/Manager, he has handled commercial property files in excess of $100 million in damages including building, content, and Business Income loss. He has been involved in the field training of adjusters, conducted presentations on adjusting procedures, technical property training, difficult coverage issues and bad faith issues.

Jim Mahurin 100x136
James R. Mahurin
Risk Management Consultant and member of the Society of Risk Management Consultants

Self-employed Risk Management and Insurance consultant providing fee-for-service assistance to the insurance buyer.  Perform risk management studies, independent evaluations of commercial insurance programs, conduct competitive proposal/bid process and self-insurance feasibility studies.  Work experience includes projects in approximately twenty states.  Litigation support and expert witness services to law firms began following the Daubert decision in 1993. This work split is approximately fifty/fifty between plaintiff and defense.  Litigation involvement includes agent custom and practice, flood (including both NFIP and private insurance), property, crime, liability, employee benefits, property leases, Broad Form Property Damage (BFPD), etc.  The BFPD includes both course of construction and construction defects.

C. Todd Thomas


Marjorie Zeoli Musick

For further information on this topic, please read our Adjusting Today article: Coinsurance/Insurance to Value Revisited: An Essential Concept in Property Insurance