Sentences with phrase «extra costs of rebuilding»
It is also recommended that homeowners look into purchasing an ordinance or law endorsement rider, which pays the extra costs of rebuilding your home to comply with current local building codes.
https://www.freewayinsurance.com/ Not exact matches
In the event of damage, you may be required to rebuild your home to the new codes and homeowners insurance policies (even a guaranteed replacement cost policy — see below) generally won't pay for that extra expense.
Replacement cost plus is an extra level of protection that can provide additional coverage to rebuild your home after a total loss.
With the Farmers Eco-Rebuild option, in the event of a covered loss, you can receive up to $ 25,000 for extra costs to rebuild, repair, or replace with green contents and materials.
It typically covers damage from fire, windstorm, hail, water damage (excluding flooding), riots, explosion, as well as other sudden and unexpected losses., i.e. theft, and the extra cost of living elsewhere while your home is repaired or rebuilt.
The typical homeowners insurance policy covers damage resulting from fire, windstorm, hail, water damage (excluding flooding), riots and explosion as well as other causes of loss, such as theft and the extra cost of living elsewhere which the structure is being repaired or rebuilt.
In the event of damage, you may be required to rebuild your home to the new codes and homeowners insurance policies (even a guaranteed replacement cost policy — see below) generally won't pay for that extra expense.