Q
We are insuring the owner of a new multistory construction project. Would we have a potential coverage problem if there was a fire loss, or other covered peril loss, that so damaged the integrity of the structure that the city building department came in and required the demolition of the whole structure? I am referring to the exclusion regarding the enforcement of any building ordinance or law requiring the tearing down of any property, including the cost of removing its debris.
Continue Reading for Free
Register and gain access to:
- Quality content from industry experts with over 60 years insurance experience, combined
- Customizable alerts of changes in relevant policies and trends
- Search and navigate Q&As to find answers to your specific questions
- Filter by article, discussion, analysis and more to find the exact information you’re looking for
- Continually updated to bring you the latest reports, trending topics, and coverage analysis
Already have an account? Sign In Now