How much fire insurance is enough? (Insurance Solutions) (Column) From: Real Estate Weekly | Date: March 4, 1992| Author: Cohen, Marc | COPYRIGHT 1992 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

How much is enough? This may be a philosophical question that addresses the excesses of the 80's, but it poses a very concrete dilemma for the real estate operator of the 90's. An oversupply of any "commodity" is expensive to maintain, be it in vacant units or redundant staff. With respect to property insurance, however, it is much more likely to be insufficient coverage rather than "overspending" which will cause the inattentive buyer to find himself out-of-pocket" after a loss. ...

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