Endorsement to a property policy, including home-owners, 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. |
Occurrence Policy
Ocean Marine Insurance
Open Competition States
Operating Expenses
Options
Ordinance Or Law Coverage
Ordinary Life Insurance
Original Equipment Manufacturer Parts (OEM)
Over-the-counter (OTC).
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