Coinsurance Penalty Clause
Calculator
Required minimum insurance
320,000
Results
- Required minimum insurance
- 320,000
- Coinsurance compliance ratio
- 0.75
- Claim recovery
- 75,000
- Coinsurance penalty
- 25,000
Insurance and risk results
| Required minimum insurance | 320,000 |
| Coinsurance compliance ratio | 0.75 |
| Claim recovery | 75,000 |
| Coinsurance penalty | 25,000 |
formula-map diagram
- Required minimum insurance
- 320,000
- Coinsurance compliance ratio
- 0.75
- Claim recovery
- 75,000
- Coinsurance penalty
- 25,000
Coverage and risk relationship
Formula
Recovery = Loss × min(1, carried ÷ (coinsurance % × replacement value)), capped at loss and amount carried= 320000
Note
This is generic arithmetic using the amounts, rates and factors you entered. It is not an insurance quote, a policy interpretation, or financial advice. No insurer rate, jurisdiction rule, statutory limit or policy wording is built in. Real premiums and payouts depend on underwriting, your policy's exact terms and exclusions, and applicable regulation; confirm with your insurer or a licensed professional.