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The more I think about this, the more I think the plaintiffs may have a case.
Once again--understanding that the insurance companies have all the lawyers and all the expertise in crafting and wording a policy to maximize their profits and minimize their risk, where's the consumer protection? Should every homeowner have to hire a "buyer's agent" insurance lawyer to parse the fine print?
Flood insurance may be obvious--even to an idiot. But what if the insured literally can't understand the document? (we are talking about MS, LA and AL here) I can imagine a local court not taking too kindly to clever policy wording that is beyond the understanding of the customer.
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