Johnson Strategies LLC expert contributor, David Thompson CPCU, is often asked what he believes are the most undersold coverage’s by agents. His answer always includes the coverage which is the title of this article. We asked David to share his thoughts on Ordinance or Law Coverage, often called “Building Code Coverage” as an assist to agents and others in sharing the value and importance of this often undersold coverage.
Here is David’s article written for that purpose. Learn from it and understand that “every property owner” should consider the purchase and every agent should be fully informed as to its’ history, value and purpose.