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The Importance of the Most Undersold Property Coverage: Leasehold Interest

I can’t prove that Leasehold Interest is the most undersold property coverage, but I would be willing to place money on it. The difference in cost between a favorable lease and a market-rate lease can thousands even hundreds of thousands of dollars; you wouldn’t underinsure the building by that amount, why are we putting the insured at such great risk in their lease? The coverage is easy to understand, but to make it easier, we put this primer together.

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