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InsuranceBaru.blogspot.com Bad news: Influenza A virus subtype H5N1 P&C instance study

Our friend Jeff one 1000 sent along the link to this deplorable story:

"Owners in addition to renters inwards North Carolina say they were left inwards the nighttime afterwards a beach condominium community all of a abrupt near down. The condos were condemned Friday, afterwards an applied scientific discipline study flora that the belongings has unsafe structural issues."

It's non clear whether the owners volition locomote allowed to yell upward their personal property.

Okay Henry, that is a deplorable story, but what's the insurance angle?

Well, Jeff asked if the owners' condo policies would embrace this situation. As commons inwards these cases, I turned to our practiced friend (and P&C guru) Bill M. Now choke along inwards hear that his answers are specific to Ohio, but that it's probable that they'd also apply inwards other states.

Basically, the owners are out of luck.

Now, why is that?

Well, Bill taught me a novel phrase, in addition to suggested I purpose it whenever I'm looking at these kinds of (potential) claims: "cause of loss." That is, which circumstances are specifically covered, in addition to which are specifically excluded.

So here's the relevant exclusion:
(4) (a) habiliment in addition to tear, marring, scratching or deterioration; (emphasis added)
So the "cause of loss" is specifically excluded. Which is a double whammy: the possessor straight off has no house to live, but the banking concern however wants their mortgage paid off, in addition to there's non going to locomote a banking concern gibe from the insurance companionship to pay off the erstwhile place, or pay for a novel one.

But what most their personal belongings (clothes, appliances, furniture, etc)? Well, they're probable outta luck there,  too:
(1) Enforcement of whatsoever ordinance or police trace regulating the construction, repair or demolition of a edifice or other structure, unless specifically provided nether this policy
The "cause of loss" hither would locomote the authorities forbidding the owners to yell upward their belongings. So again, no insurance to pay for replacing them.

Yikes.

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