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An existing office building being renovated for a multi-use project. (Photo: J. Albert Diaz) An existing office building being renovated for a multi-use project. (Photo: J. Albert Diaz)

Every claim is different, and some insurance policies can be difficult to interpret for unique situations. FC&S Expert Coverage Interpretation, the recognized authority on insurance coverage interpretation and analysis for the P&C industry, makes it simple to find credible answers to your complicated coverage questions. Analysis brought to you by our FC&S experts. 

Editor’s Note: When an insured purchases a new building with plans to use it as a different occupancy than it was built for, it is often a lengthy and complicated renovation process that takes months if not years to complete. The renovation process can create a situation rife for theft, especially when you add COVID-19 shutdowns, unemployment, and an unused building to the mix. However, the commercial property policy vacancy clause can complicate when and if coverage applies during periods of renovation.

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