What exactly is Ordinance or Law coverage, and why is it important to your homeowners policy?
In Florida, there have been significant building code changes over the years, largely due to our experience with hurricanes. Ordinance or Law Coverage provides for the additional cost to bring a building up to current building codes when significant repairs are needed.
Do you know if your homeowners insurance policy includes Ordinance or Law coverage? If you are like most people, you are not sure what these coverages really are, let alone know if your policy includes them. This installment in Tower Hill’s Educational Video Series offers an overview of Ordinance or Law coverage options and explains its importance to adequate homeowners coverage.