Under the HE 00 07 (07-13) form, D. Loss Settlement 2. Buildings a. Replacement Cost Protection – ‘Loss to a building insured under Coverages A or B is settled as follows;’ (5) ‘You may disregard to replacement cost loss settlement provisions and make claim under this policy for loss to buildings on an actual cash value basis. You may then make claim for any additional liability in accordance with D.2.a. above if you notify us, within 180 days after the date of loss, of your intent to repair or replace the damaged building’.
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