Homeowner's who live in homes plagued by Chinese drywall are already dealing with issues such as air conditioning units that stopped working, rotten egg smell permeating their belongings, along with more serious health problems. The problem for some may get even worse.
One insurance company in Florida is denying claims for the replacement of Chinese drywall, because policies don't cover contamination or building material defects. If the homeowner knows there is drywall damage, the policy renewal could even be denied if repairs aren't made.
Most coverage guidelines were written well before Chinese drywall was heard of. Denying claims and canceling renewals because of it seems absurd.... How many insurance companies expected the eight hurricanes that hit Florida during 2004-2005? Yet claims were paid to repair and rebuild homes. Although Chinese drywall isn't a natural disaster, homeowner's are just as shaken up by the damage to their homes and worse their health.
So what do you think? Should the insurance companies pay the claims, then go after the builders/suppliers? Should they deny the claims, deny renewals and make things worse on homeowners?
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