Explaining Building Ordinance Coverage - Mackoul Risk Solutions - Condominium Co-op Insurance - Long Island, NY Skip to main content

Explaining Building Ordinance Coverage

Building Damage


Building Ordinance Coverage can be complicated. If a building is significantly damaged from a covered peril, the city may require the entire building be demolished. Without Building Ordinance Coverage, your insurance only covers damaged portions of the building.

Building Ordinance Coverage includes three key parts:

Coverage A- cost to the undamaged portion of the building.

Coverage B- cost to demolish the undamaged portion of the building.

Coverage C- covers increased rebuilding cost required to meet current building ordinances and codes.

 

For more information, contact us anytime.

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