10/8: Homeowners with tainted Chinese drywall could lose insurance
Miami Herald: Homeowners with tainted Chinese drywall could lose insurance coverage
Chinese drywall is causing lots of problems, besides the rotten-egg smell and health issues that include troubled breathing, nosebleeds and headaches.
In Florida, many homeowners have filed claims with their home insurers to repair the drywall damage. That's turning out to be a dead end: Most property insurers are denying the claims because homeowners policies don't cover contamination or building material defects. But once an insurer knows there is drywall damage in a home, the existing damage could be the trigger for not renewing a policy unless repairs are made.
Thousands of homes in the nation are affected, as noted by The New York Times.
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posted by BetsyNC @ 9:33 AM
2 comments
2 Comments:
Private labs need to help figure this out.
This company seems to be doing something
http://www.wje.com/spotlight/index.php
What others are out there doing this?
Chinese drywall manufacturer, Knauf, has agreed to accept “service of lawsuits” for one month, an unprecedented move that eliminates many of the obstacles claimants have been facing, and a huge breakthrough for plaintiffs who have suffered the unpleasant and potentially harmful odors and fumes and metal corrosion associated with defective Chinese drywall. Claimants with KPT drywall need to file on to the suit no later than December 2, 2009, with the suit filed by December 9, 2009. Homes must be inspected before the December deadline so that claimants can submit proof that their house was built with Knauf Drywall. This is a good place to get information on filing a suit: http://www.yourlawyer.com/articles/read/17221 and includes a toll-free number for claimants looking to join the lawsuit. Knauf Plasterboard (Tianjin) Co., Ltd., is alleged to be a subsidiary of the German-based Knauf Gips KG and is one of several Chinese companies accused of manufacturing and importing defective drywall from China into the U.S.
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