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BUILDING ORDINANCE NOTICE TO POLICYHOLDERS <br /> CHANGES IN MUNICIPAL BUILDING CODES CAN GREATLY INCREASE THE COST <br /> OF RESTORATION OR RECONSTRUCTION OF A BUILDING AFTER A LOSS. YOUR <br /> BUILDING NEED NOT BE VERY OLD TO BE SUBJECT TO THESE CODE CHANGES. <br /> EVEN PROPERTY POLICIES PROVIDING THE BROADEST COVERAGE MAY <br /> REQUIRE TAILORING TO PROTECT BUILDING OWNERS FROM UNEXPECTED <br /> EXPENSES CAUSED BY MANDATORY COMPLIANCE WITH UPDATED BUILDING <br /> CODES. <br /> PLEASE TAKE A MINUTE TO REVIEW THE DESCRIPTIONS OF THREE <br /> COVERAGES THAT FOLLOW TO DETERMINE HOW THEY MAY APPLY TO YOUR <br /> PARTICULAR SITUATION. <br /> BUILDING ORDINANCE: IF YOUR BUILDING IS DAMAGED TO THE EXTENT THAT <br /> THE UNDAMAGED PORTION MUST BE REPLACED AS <br /> WELL, THIS ENDORSEMENT WILL HONOR THAT CODE <br /> REQUIREMENT BUT WILL NOT PAY FOR COST OF <br /> INCREASED COST OF CONSTRUCTION TO UPGRADE <br /> TO CODE, OR DEMOLITION. <br /> INCREASED COST OF <br /> CONSTRUCTION: THIS COVERAGE PAYS UP TO THE LIMIT YOU SELECT <br /> FOR THE ADDITIONAL COSTS TO REBUILD TO <br /> CURRENT BUILDING CODES. (EXAMPLES: FIRE <br /> PROTECTION SUCH AS SPRINKLERING, INSULATION, <br /> ELECTRICAL,PLUMBING, STRUCTURAL RETROFITTING, <br /> HANDICAPPED ADDITIONS, ETC.) <br /> DEMOLITION: IF THE MUNICIPALITY REQUIRES TOTAL DEMOLITION <br /> OF YOUR BUILDING BEFORE GRANTING A PERMIT TO <br /> REBUILD, THIS COVERAGE WILL PAY UP TO THE LIMIT <br /> YOU SELECT FOR DEMOLITION. <br /> REMOVAL AND DISPOSAL OF POLLUTANTS, SUCH AS ASBESTOS, NOT <br /> COVERED. <br /> BECAUSE EACH BUILDING HAS ITS OWN CHARACTERISTICS, YOU MAY NEED TO <br /> CONSULT WITH A CONTRACTOR TO DETERMINE THE LIMITS OF COVERAGE <br /> NEEDED TO PROTECT YOU. <br />