The Supreme Court dismissed the appeal. The guaranteed rebuilding cost endorsement increased the amount available to rebuild but did not displace the compliance cost exclusion. The insureds remained entitled only to the specific additional compliance coverage stated in the policy.
Headline
Supreme Court says rebuilding endorsement doesn’t erase compliance cost exclusion
The Supreme Court dismissed the appeal. The guaranteed rebuilding cost endorsement increased the amount available to rebuild but did not displace the compliance cost exclusion. The insureds remained entitled only to the specific additional compliance coverage stated in the policy.