Buildings under construction or renovation are not considered vacant. (Photo: iStock) Buildings under construction or renovation are not considered vacant. (Photo: iStock)

Analysis brought to you by FC&S Expert Coverage Interpretation, the recognized authority on insurance coverage interpretation and analysis for the P&C industry. To find out more — or to learn how to find answers to YOUR coverage questions — click here!

Question: Often we see in property extension endorsements coverage for newly acquired or constructed property. For buildings, the policy’s covered causes of loss prevail for buildings constructed on the premises or on a newly acquired premises intended for similar use, as described on the declarations.

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