Accessibility Menu

What Is Coinsurance? Definition & Examples

By Kristi WaterworthUpdated Jul 1, 2025 at 2:21 AM

Key Points

  • Coinsurance is a split cost between you and your insurer after meeting your deductible.
  • Copays are fixed upfront charges that apply before meeting your deductible.
  • Property insurance coinsurance affects claim payouts if underinsured.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.