Is law/ordinance coverage in your home insurance worth a considerably higher premium?

Question

I can lower my premium by more than $100, but I'll need to go from 100% law/ordinance coverage to 10%.

Answer 1

I'm pretty sure I don't even have that coverage on my homeowners insurance, but my premium is pretty cheap with a $200 deductible.

Answer 2

Wow i don't know if I would do all of that, just to save $100. If you own a company, or more property, or have other investments. I wouldn't do it! You stand to lose out thousands just to save $100. You should never try to go cheap with such a large investment. I hope that helps!