What it does
FP 05 26 pays, up to the percentage of the Coverage A limit shown, increased costs the insured incurs because an ordinance or law regulates repair or reconstruction of a covered dwelling or structure damaged by a covered cause, demolition and rebuilding of undamaged parts, and related remodeling or removal.
Who needs it
Farm dwellings built before current codes.
Quoting and selling notes
Choose the percentage based on the house's age and local code requirements. Wording reviewed: 09 03 edition.
How it fits the farm policy
A farm program endorsement changes only the coverage forms named in its "this endorsement modifies" list. Everything else in the Farm Coverage Part keeps working as written: the FP 00 90 additional coverages, conditions and definitions, the causes of loss selected from FP 10 60, and the farm liability forms. When presenting a quote, list each farm endorsement with its schedule entries (insured location, building or item, limit, deductible) so the insured can see exactly where the base coverage was broadened or narrowed.
