Ordinance or Law

Ordinance or Law coverage for investment properties

Many lenders are beginning to require Ordinance or Law coverage on residential rental properties. Ordinance or Law provides additional coverage following a loss if it is determined that your building does not meet city or county building code requirements and needs to be upgraded before you can reoccupy the location. National Real Estate Insurance Group offers property insurance policies that include Ordinance or Law coverage to help cover these additional expenses.

Submit your property information using our online proposal request, and receive a custom proposal. An agent will contact you to go over your custom insurance options and help you choose the best coverage for your specific situation.

Start a proposal request today!

What can Ordinance or Law Insurance cover?

Ordinance or Law Coverage is often referred to as “bring up to code” coverage because it offers additional reimbursement needed due to enforcement of local ordinances or laws regulating construction and repair of damaged buildings.

Imagine you have a partial loss on two units of a fourplex. The county inspection determines the building does not have hard-wired smoke detectors to meet current code, requiring updates to all four units. Ordinance or Law coverage can step in to help cover these updates to the undamaged portion of the building, expenses if the entire building needs to be demolished and/or increased cost of construction if the property limit is not sufficient to meet code standards.

Why choose us for Ordinance or Law Coverage?

Add more coverage to protect your investment

If you don’t already insure your properties with National Real Estate Insurance Group, we have insurance solutions to accommodate any type of investment property.  After you request a proposal, an agent will contact you to discuss your options.

Need to speak to an agent?

Please give us a call at 888.741.8454 to speak to a licensed insurance professional. If you would like to discuss your specific location, please request an insurance proposal and one of our agents will contact you shortly.

Want to learn more about insuring your investment properties?

Read one of our articles or go to our Resource Center to learn more about different insurance topics.