Learn about Increased Cost of Construction Insurance, a crucial coverage that addresses the higher expenses due to new ordinances for rebuilding damaged or destroyed buildings.
Learn about the Demolition Clause in Property Insurance, a provision that prohibits liability for demolition costs of undamaged property. Essential for property owners and compliance with building ordinances.
Explore comprehensive definitions, etymologies, synonyms, antonyms, facts, quotes, government regulations, references, and quizzes related to insurance terms. Ideal for professionals, students, and enthusiasts.