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AGREED AMOUNT ENDORSEMENT
This endorsement is an agreement made by the insurance company
wherein it waives the coinsurance clause on the specified property.
As long as this endorsement is in effect, there would be no coinsurance
penalty at the time of a claim.
By combining an Agreed Amount Endorsement with a Replacement Cost
Endorsement (see separate explanation), you can obtain an unusually
high quality of insurance coverage!
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