What is ASI Select insurance?
What is ASI Select insurance?
ASI Select Insurance Corp. operates as an insurance company. The Company offers homeowners, condos, renters, investments, umbrella, risk, and flood insurance services. ASI Select Insurance serves customers in the United States.
What is the 80% rule in insurance?
The 80% rule means that an insurer will only fully cover the cost of damage to a house if the owner has purchased insurance coverage equal to at least 80% of the house’s total replacement value.
What happens if I am over insured?
Many insurers will have a clause in their policy that relates to over-insurance: “if you over-insure, we will not pay you more than it costs us to rebuild, repair, or replace. Nov 26, 2019
