An auto dealer is insured under a Business Income Coverage Form with Extra Expense, CP 00 30 10 90. Flood is included as an additional peril covered. The insured premises suffered a flood loss, and most of the inventory—new cars—was damaged.

Since more rain was predicted for the rest of the month, the insured decided to rent a new lot in a nonflooded area to accommodate a new shipment of cars. The flood water in the original location receded, and the lot was ready to be used, but the insured was afraid of a predicted secondary flood.

The insured wants to claim $100,000 for the rent of this new lot as an extra expense under the CP 00 30. What is your opinion?