Cosmetic Exclusion in a policy – this will negatively impact the value of your property

Does your commercial policy include "Cosmetic Exclusion" language (or something similar)?

If it does it basically means that, regardless of the damage sustained, the insurance company will NOT replace the items mentioned unless there is "penetration of water."

Cosmetic loss or damage” means damage to any portion of the roof or siding coverings or appurtenances, doors, windows, awnings, or carports that alters only the physical appearance of any portion of the roof or siding coverings or appurtenances, doors, windows, awnings, or carports (including but not limited to marring, pitting, scratches or dents) but does not result in damage that allows the penetration of water through the roof or siding coverings or appurtenances, doors, windows, or carports or that results in the failure of the roof or siding covering or appurtenances, doors, windows, awnings, or carports to perform their intended function of keeping out the elements for the remainder of their respective original, useful life. Roof and siding coverings means the roofing and siding material exposed to the weather, the underlayments applied for moisture protection, and all flashing and edging required in the replacement of the coverings.  Roof and siding appurtenances includes but is not limited to vents, flue covers, exhaust caps, pipe jacks, gutters and downspouts, skylights, chimney covers, and HVAC equipment.

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