Ordinance and Law Coverage and its importance to commercial building owners

Ordinance and law coverage (O&L), might be one of the single most important coverages a building owner can have in their commercial insurance portfolio, and surprisingly, most have never heard of it.  O&L coverage provides for the loss caused by enforcement of city ordinances as they relate to buildings after a loss.

The coverage comes in three parts, referred to as either part A, B, or C:

  1. Loss to the undamaged portion of the building
  2. Demolition cost
  3. Increased cost of construction

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