What it does
Pays to restore the dwelling with common current materials and methods that are functionally equivalent to obsolete, antique or custom construction, rather than exact replacement.
Who needs it
Older or historic homes whose original construction would be very expensive to replicate.
Quoting and selling notes
Editions and availability
Editions in use and where they apply: 03 22 (24 jurisdictions); 05 11 (3 jurisdictions: AL, TX, VI); 10 00 (1 jurisdiction: PR).
Homeowners endorsements are built for a specific program edition. When a carrier moves a state from the 2011 (05 11) program to the 2022 (03 22) program, the endorsement editions move with it, so match the endorsement edition to the policy form edition shown on the declarations.
