one additional coverage under the homeowners policy makes available up to 10 percent of the coverage a limit to cover increased repair costs after a loss in order to comply with a stricter building code. this additional coverage is called:

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One additional coverage under the homeowner's policy makes available up to 10 percent of the coverage a limit to cover increased repair costs after a loss in order to comply with a stricter building code. this additional coverage is called: ordinance or law.

Cost, in commonplace usage, is the economic fee of goods and offerings that producers and consumers purchase. In a simple economic sense, the price is the degree of the opportunity possibilities foregone inside the choice of one good or activity over others.

The two basic kinds of prices incurred by organizations are constant and variable. fixed costs do not vary with output, whilst variable charges do. fixed fees are now and again known as overhead expenses. they're incurred whether a firm manufactures 100 widgets or 1,000 widgets.

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