Older commercial and rental buildings should pay particular attention to Ordinance or Law coverage.
After a major covered loss, current building codes may require improvements that did not exist when the property was originally constructed.
Examples can include:
- Electrical upgrades
- Plumbing upgrades
- Sprinkler systems
- Accessibility requirements
- Structural changes
- Energy-code requirements
Standard property coverage may not fully address all increased construction costs created by updated building codes.
Review Ordinance or Law coverage with your agent.