Question: what does 80 coinsurance mean in property insurance?
Answer: Coinsurance is a sneaky provision put in many property insurance policies. ... Coinsurance can be written on an 80/20, 90/100 or 100% rule. For example, if you have an 80% coinsurance clause on your policy, the insurance company is responsible for 80% and you, the insured, are responsible for 20%, plus deductible.