On December 31, 2000, Section V. Exclusions, D.4.b.(3) was changed whereby: D. We do not insure for direct physical loss caused directly or indirectly by any of the following: 4. Water, moisture, mildes, or mold damage that results primarily from any condition: b. That is within your control, including but not limited to: (3) Failure to inspect and maintain the property after a flood recedes. In other words, there is coverage if the policyholder takes care of the problem, as soon as possible, when the water recedes.
Yes, this is all well and good … go the a FEMA website. Well how about the FEMA based National Flood Insurance Program commiting to coverage under the the accepted theory of “efficient proximate cause” for the mold damage as a direct result of the flood water as the catalyst for the enuing mold.
The current errant position is that it is not covered … WRONG !
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Bob,
On December 31, 2000, Section V. Exclusions, D.4.b.(3) was changed whereby: D. We do not insure for direct physical loss caused directly or indirectly by any of the following: 4. Water, moisture, mildes, or mold damage that results primarily from any condition: b. That is within your control, including but not limited to: (3) Failure to inspect and maintain the property after a flood recedes. In other words, there is coverage if the policyholder takes care of the problem, as soon as possible, when the water recedes.
Yes, this is all well and good … go the a FEMA website. Well how about the FEMA based National Flood Insurance Program commiting to coverage under the the accepted theory of “efficient proximate cause” for the mold damage as a direct result of the flood water as the catalyst for the enuing mold.
The current errant position is that it is not covered … WRONG !
End…