Ordinance & Law Insurance Coverage
Ordinance and law coverage is an important coverage to have in your property policy, especially if your business owns an older building. Following a covered cause of loss, it provides coverage in the event that a certain ordinance, law or regulation requires you to repair or rebuild your building so that it is meets certain codes or requirements. Examples can include updating the electricals, HVAC units, and structure of an entire building.
What Types of Businesses Should Consider Ordinance & Law Coverage Insurance?
Buildings in poor condition and in need of significnat renovations may need ordinance and law coverage,
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Something many businesses don't know is that commercial insurance carriers have preferences for which types of businesses they insure.
The problem for most business owners is that they don't know which carrier is the best fit for their business, leading to high premiums or declined applications for coverage .
The 321 LaunchPad is connected to the largest network of commercial insurers available anywhere. We match your business with a qualified insurer so you get the right coverage for a fair price.
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