The Building and Personal Property form provides five additional coverage's. These apply no matter which causes of loss form is used in the package. They are:

1. debris removal
2. preservation of property
3. fire department service charges
4. pollutant clean up and removal
5. increased cost of construction
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Two key facts about these additional coverage's. are:

• Each is designed to meet the average commercial insured's needs. Your particular business may need more dollar protection in one or more of these areas.

• Each relates to losses arising from a covered peril, not to building or personal property value.

Remember the massive cleanup of the World Trade Center? That shows the importance of debris removal and pollutant cleanup coverage. What happens when you have to remove property in the face of an insured threat or disaster and store it elsewhere? Preservation of property coverage reimburses you for that.

Note. Until a few decades ago, insurance was sold only on the basis of Actual Cash Value (ACV) reimbursement. ACV means losses are paid at current market cost-in other words, original value less depreciation. This makes it hard on a business forced to replace property. Today you can choose between ACV and a Replacement Cost Option (cost to repair or replace).

With that note on recovery in mind, the increased cost of construction coverage makes sense. If you have Replacement Cost on your policy, this pays for the higher cost to rebuild.

Tip. Remember, none of these five coverage's. are as simple as set out here. You are urged to brush the dust off your policy! Read it. Understand it. And review it with your agent - your trusted advisor.