Laws regulating the zoning, demolition, repair or construction of buildings and their related services can increase costs of repair to buildings. Can these increased costs be insured?

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Laws regulating the zoning, demolition, repair or construction
of buildings and their related services can increase costs of
repair to buildings. Can these increased costs be insured?
No, they are considered uninsurable.
Yes, they are insurable if specified in a property policy.
They are partly covered under the 10% extension clause in most property policies.
They are only insurable under an "All Risks" property policy.
Transcribed Image Text:Laws regulating the zoning, demolition, repair or construction of buildings and their related services can increase costs of repair to buildings. Can these increased costs be insured? No, they are considered uninsurable. Yes, they are insurable if specified in a property policy. They are partly covered under the 10% extension clause in most property policies. They are only insurable under an "All Risks" property policy.
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