BP 04 46 Ordinance Or Law Coverage

An Insurance Services Office (ISO) standard form. It adds ordinance or law coverage for a scheduled building: loss to the undamaged part of the building, demolition cost and increased cost of construction, with an optional business income and extra expense extension for the longer restoration period.

1. 08 24 edition

   Aug 2024, compared with 07 13Latest edition

   • A new optional post-loss ordinance or law option covers ordinances or laws issued or revised after the loss but before repair begins, when compliance is required for a building permit or certificate of occupancy.

     07 13

     Not in this edition

     08 24

     “Post-loss Ordinance Or Law Direct Physical Damage Option is indicated in the Schedule as being applicable”

   • The same post-loss option can be selected for the business income and extra expense extension.

     07 13

     Not in this edition

     08 24

     “Post-loss Ordinance Or Law Business Income And Extra Expense Option is indicated in the Schedule as being applicable”

   • The business income extension no longer applies to ordinances requiring repair or remediation due to pollutants, fungi, wet rot or dry rot, adding fungi and rot to the former pollutant testing and cleanup exclusion.

     07 13

     “or assess the effects of "pollutants".”

     08 24

     “assess the effects of, "pollutants", "fungi", wet or dry rot”

1 other edition date appears in one or two filings each, often carrier-specific versions: 01 06.

Where filings record what this form replaced, they name earlier editions 01 06, 07 13 and other forms N/A, VP 04 46. Only some filings record replacements.

• Edition in use: in the past 12 months, 4 companies filed the 07 13 edition and 3 companies filed 08 24.
• BP 00 03 (Businessowners Coverage Form) is filed alongside it most often, in 86 of the same filings (95%).

Data from admitted P&C filings with state insurance departments, submitted Oct 2021 to Oct 2026, excluding withdrawn and rejected filings. One filing can cover several affiliated companies.

• Chubb Limited GroupFiles its own version: CB AWA68 40 Ordinance or Law Coverage (1 state)
• Tokio Marine Holdings Incorporated GroupUses BP 04 46 in 2 filings

• BP 00 03Businessowners Coverage Form86 filings
• BP 04 48Additional Insured – Designated Person Or Organization85 filings
• BP 04 02Additional Insured – Managers Or Lessors Of Premises84 filings
• BP 04 06Additional Insured – Controlling Interest84 filings
• BP 04 09Additional Insured – Mortgagee, Assignee Or Receiver84 filings
• BP 04 10Additional Insured – Owners Or Other Interests From Whom Land Has Been Leased84 filings
• BP 04 16Additional Insured – Lessor Of Leased Equipment84 filings
• BP 04 11Additional Insured – Co–Owner Of Insured Premises83 filings
• BP 04 47Additional Insured – Vendors82 filings
• BP 14 05Additional Insured – Grantor Of Franchise82 filings