Which endorsement should be added for businesses that may struggle to meet building code requirements after a loss?

The appropriate endorsement to add for businesses that may struggle to meet building code requirements after a loss is the Contingent By-Laws Endorsement. This endorsement provides coverage for the additional costs incurred to comply with municipal by-laws or regulations following a loss.

When businesses suffer damage to their property, rebuilding to pre-loss conditions might not be possible if the building no longer complies with updated building codes or by-laws that have been introduced after the original construction. This can pose a significant financial challenge, especially for businesses that may not have the funds available to make these required updates. The Contingent By-Laws Endorsement helps mitigate this risk by covering the necessary expenses to bring the property up to current standards, ensuring that businesses can not only restore their premises but also comply with legal requirements.

The other endorsements available may serve different purposes. For example, the Extra Expense Endorsement primarily covers extra operational costs incurred to continue a business after a loss, but does not specifically address building code compliance. The Rental Income Endorsement pertains to loss of income from rental properties during a period of restoration but doesn't relate to code issues, while the Ordinary Payroll Endorsement covers payroll expenses during the time the business cannot operate due to a covered peril,