by evan » Sat Jul 08, 2006 10:20 am
Ordinance Or Law Coverage
Endorsement to a property policy, including homeowners, that pays for the extra expense of rebuilding to comply with ordinances or laws, often building codes, that did not exist when the building was originally built. For example, a building severely damaged in a hurricane may have to be elevated above the flood line when it is rebuilt. This endorsement would cover part of the additional cost.
Endorsement to a property policy, including homeowners, that pays for the extra expense of rebuilding to comply with ordinances or laws, often building codes, that did not exist when the building was originally built. For example, a building severely damaged in a hurricane may have to be elevated above the flood line when it is rebuilt. This endorsement would cover part of the additional cost.
Posted: Fri Mar 23, 2007 04:32 pm Post Subject: Ordinance and law coverage
I would like to talk to an insurance person who is familiar with the availability of Law and Ordinance coverge in the southeatern part of the US on commerrcial property over the past 3-5 years DM
Posted: Sat Mar 24, 2007 10:54 am Post Subject:
Hi, could you please let us know the exact place for which you want the information.
Andy
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