One additional coverage under the homeowners policy makes available up to 10 percent of the Coverage A limit to cover increased repair costs after a loss in order to comply with a stricter building code.This additional coverage is called
A)ordinance or law.
B)reasonable repairs.
C)concurrent causation.
D)debris removal.

Question

Quizplus · Accepted Answer

The additional coverage described in the question is commonly known as ordinance or law coverage, which provides funds to cover increased repair or rebuilding costs necessary to comply with current building codes or ordinances after a loss.

One Additional Coverage Under the Homeowners Policy Makes Available Up