Section VI. Deductibles (cont'd)

When a building under construction, alteration, or repair does not have at least two rigid exterior walls and a fully secured roof at the time of the loss, the deductible amount will be two times the deductible that would otherwise apply to a completed building. Per Dwelling Form Section III.A.5.a.(2), if there is no work on the building for a period of 90 continuous days, coverage ceases until such time as work is resumed.

The deductible does not apply to:

Loss avoidance measures
Condominium loss assessments
Increased Cost of Compliance

Graphic showing that the deductible for buildings under construction is doubled. On the left is a photograph of a house labeled deductible amount below it. On the right is a photograph labeled deductible amount below it that is twice as high.