Broad Property Coverage

CPIP offers a broad property coverage form to protect your buildings and their contents. Our form provides coverage for stained glass, for organs and other musical instruments, and fine arts. It also fully repairs or replaces property with quality materials, returning your facilities to the same or better condition than before the loss.

In addition, CPIP’s property form includes a full provision for building ordinance coverage. If state or local building codes require a severely damaged building to be demolished, replacement of undamaged property, or provision for a sprinkler system or ADA mandated improvements, CPIP’s broad property coverage includes compliance with all provisions of the applicable law.

Disclaimer

Please recognize that this material is limited in scope and does not apply in every case or circumstance. While the concepts discussed here have been successful in preventing losses and reducing the size of losses for those using them, there is no guarantee that adhering to the advice in this manual or any part of it will impact any loss, loss exposure or insurance premium in any direct way. It consists of general guidelines or suggestions, rather than specific advice, does not replace or supersede any legal requirements and should not be considered as legal guidance.

Because it is necessary to apply principles or concepts to specific facts, always consult legal counsel before using this material as the basis for specific action or adopting any of the guidelines or suggestions as policy