Remodeler Coverage Endorsement Applies To Insured’s Collapse Claim

(April 18, 2022, 10:16 AM EDT) -- DENVER — A valuation provision in a remodeler coverage endorsement applies to an insured’s claim for the collapse of its building because the remodeler coverage endorsement states that the endorsement’s valuation provision replaces any other valuation provision in the policy and without the endorsement, no coverage would be afforded for the collapse of the building, which was undergoing renovations, a Colorado federal judge said March 30 in granting a builders risk insurer’s motion for summary judgment....