Nicole Vinson | Property Insurance Coverage Law Blog | June 26, 2019 Chip Merlin posted about the Wear and Tear Exclusion just last month in Wear and Tear Exclusions Versus Depreciation For Resulting Damage To Worn and Torn Older Parts of a Structure. Explaining about wear and tear, Chip gave this example: The judge made up… Continue reading Why is the Carrier so Quick to Argue the Wear and Tear Exclusion?
Tag: Wear and Tear
Wear and Tear Exclusions Versus Depreciation For Resulting Damage To Worn and Torn Older Parts of a Structure
Chip Merlin | Property Insurance Coverage Law Blog | April 15, 2019 Buy Bill Wilson’s book! This is the least I can say after quoting him about “resulting” or “ensuing” loss provisions following “wear and tear” exclusionary language. I am certain his book helped a judge understand how the coverage works. Here is what he… Continue reading Wear and Tear Exclusions Versus Depreciation For Resulting Damage To Worn and Torn Older Parts of a Structure
Hailstorms, Wear and Tear, and Inadequate Maintenance
Chip Merlin | Property Insurance Coverage Law Blog | May 25, 2016 Hailstorms are wreaking havoc as noted in Brandee Bower’s post yesterday, Greetings From Hail Alley. After contacting their insurance companies, some policyholders unfortunately find their insurance companies deny the claims based on exclusions in the insurance contract involving wear and tear as well… Continue reading Hailstorms, Wear and Tear, and Inadequate Maintenance