Demolition Insurance


Definition of "Demolition insurance"

Jodi Bakst, Broker real estate agent
Jodi Bakst, Broker, Real Estate Agent Real Estate Experts

Coverage that will indemnify the insured for the expenses, up to the limits of the policy, if a building is damaged by a peril such as fire, and zoning requirements and/or building codes mandate that the building be demolished.

 

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