Quote:
Originally posted by pbs911
If the insurance company wanted to specifically include "wind-driven storm surge" it should have included the specifica language in the policy. It did not. It should pay.
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Did they pay the last time a hurricane wiped out this region? Or the time before that?
"Wind driven storm surge" sounds like a fancy term for "flood" to me.
The reason the insurance forms can be archaic - is that they have been "tested" by courts and precedent. To create new definitions for the same old thing is to enter Wonderland with Alice as your underwriter.
Dont worry taxpayers - as insurance companies get hosed over this (even in legal fees) and pull out of this market - the Feds are sure to step in and subsidize the region..