One of the additional coverages under the building and personal property coverage form is "increased cost of construction." The coverage is payable if

Question

Quizplus · Accepted Answer

The "increased cost of construction" coverage is specifically designed to cover additional expenses that arise due to changes in building codes or ordinances. This coverage would kick in if, for example, a new building code required the use of more expensive materials or building techniques. Options A, B, and D do not accurately describe situations that would trigger this coverage.

One of the Additional Coverages Under the Building and Personal