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Understanding the Importance of Ordinance or Law Coverage

Total Credits: 2 including 2 CE Credit

Average Rating:
Commercial Lines |  Commercial Lines - Advanced |  Big “I” Virtual University
Course Levels:
All Levels
2 Hours
Product Setting: Expires 30 day(s) after program date.



Insurance agents do a bad job of explaining the concept of "replacement cost." We tend to tell clients they will get new stuff for old junk and while that may be partially true, partial truths get you sued.

One roadblock to replacement cost is building codes or what we insurance practitioners refer to as ordinances or laws. Unendorsed policies offer only a VERY limited amount of coverage for the increased costs to rebuild due to these ordinances or laws, and when your insured is forced to pay these additional costs out-of-pocket, they are going to be mad!

Basic Course Information

Learning Objectives
  • Learn the purpose of ordinance or law coverage;
  • Learn coverage gaps creating the need for ordinance or law coverage;
  • Learn sources and enforcement of building codes;
  • Learn common ordinance or law requirements and coverage limitations;
  • Learn ordinance or law coverage (CP 04 05);
  • Learn ordinance or law - increased period of restoration (CP 15 31);
  • Learn how to develop ordinance or law premiums;
  • Learn ordinance or law example; 

Course Materials


Christopher J. Boggs, CPCU, ARM, ALCM, LPCS, AAI, APA, CWCA, CRIS, AINS's Profile

Christopher J. Boggs, CPCU, ARM, ALCM, LPCS, AAI, APA, CWCA, CRIS, AINS Related Seminars and Products

Christopher J. Boggs, CPCU, ARM, ALCM, LPCS, AAI, APA, CWCA, CRIS, AINS, joined the insurance industry in 1990. He is the Executive Director of the Independent Insurance Agents and Brokers of America (Big "I") Virtual University. His current duties involve researching, writing, and teaching property and casualty insurance coverages and concepts to Big "I" members and others in the insurance industry.

During his career, Boggs has authored more than 300 insurance and risk management-related articles on a wide range of topics as diverse as Credit Default Swaps, the MCS-90, and enterprise risk management. In addition to this, Boggs has written 13 insurance and risk management books:

  • "The Insurance Professional's Practical Guide to Workers' Compensation: From History through Audit," now in its second edition;
  • "Business Income Insurance Demystified: The Simplified Guide to Time Element Coverages," now in its third edition;
  • "Property and Casualty Insurance Concepts Simplified: The Ultimate 'How to' Insurance Guide for Agents, Brokers, Underwriters and Adjusters;"
  • "Wow! I Never Knew That! 12 of the Most Misunderstood and Misused P&C Coverages, Concepts and Exclusions;"
  • "Insurance, Risk & Risk Management! The Insurance Professional's Guide to Risk Management and Insurance;"
  • "Workers' Compensation: How You Can Effectively Answer Your Clients 12 Most Commonly Asked Questions;"
  • "Glossary of Insurance Terms;"
  • "Choosing the Best Risk Financing Option;"
  • "Writing Property and Liability Coverage for Condos;"
  • "The Truth about Enterprise Risk Management;"
  • "The Experience Mod Worksheet;"
  • "What has ISO Done to us Now?" and
  • "Cancellations, Non-Renewals & Conditional Renewals: THE Insurance Professional's Guide to Statutory Insurance Carrier Notification Requirements for All 50 States!"

Boggs is a regular speaker at industry events, speaking for groups such as the National Association of Mutual Insurance Companies (NAMIC), the National Society of Insurance Premium Auditors (NSIPA), the American Association of Managing General Agents (AAMGA), the Institute of Work Comp Professionals (IWCP), and the CPCU Society.

A graduate of Liberty University with a bachelor's degree in Journalism, Boggs' background includes work as a risk management consultant, loss control representative, producer, claims manager, and quality assurance specialist


Tue, Jun 18, 2024 - 01:00pm to 02:46pm EDT
Fri, Jul 05, 2024 - 02:00pm to 03:46pm EDT
Tue, Jul 23, 2024 - 08:00am to 09:46am EDT
Mon, Aug 12, 2024 - 09:00am to 10:46am EDT
Thu, Aug 22, 2024 - 10:00am to 11:46am EDT
Thu, Sep 12, 2024 - 11:00am to 12:46pm EDT
Wed, Sep 25, 2024 - 01:00pm to 02:46pm EDT
Wed, Oct 02, 2024 - 02:00pm to 03:46pm EDT
Thu, Oct 17, 2024 - 08:00am to 09:46am EDT
Tue, Nov 12, 2024 - 09:00am to 10:46am EST
Fri, Nov 22, 2024 - 10:00am to 11:46am EST
Wed, Dec 04, 2024 - 11:00am to 12:46pm EST
Tue, Dec 17, 2024 - 01:00pm to 02:46pm EST



Overall:      4.9

Total Reviews: 179