One Failed Tub Seal, Three Ways to Price the Repair, and Who Carried the Overrun
A narrow case from a house managed on a relative's behalf, and what fixed price, day rate and cost plus each did to the risk of a hidden-condition repair.
73 74 Insured for What You Paid? Five Checks Before the Coinsurance Formula Runs Against You
The coinsurance clause was written to stop people insuring only the part of a building likely to burn, and it still runs the arithmetic on partial losses today.