Real Estate Glossary

What is Co-Insurance?

This is a type of insurance coverage in which the policyholder and the insurance company share the risk and the cost of a loss. In co-insurance, the policyholder is typically required to maintain a certain level of insurance on the insured property (called the "co-insurance requirement"), and is typically required to pay a higher premium if they fail to maintain that level of coverage.

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Beycome Family of Companies: Beycome Mortgage LLC provides home loans; Beycome Brokerage Realty LLC, Beycome Brokerage Realty Inc., and Beycome of Florida LLC provide real estate services; Beycome Title of Florida LLC provides title insurance services. These are separate entities under Beycome Corp., each governed by its own management as required by law, but all owned by the same individuals, forming a business relationship.
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