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TOPIC: Insurers dropping Chinese drywall policies

Insurers dropping Chinese drywall policies 15 years 1 month ago #22840

  • Louie Flores
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WEST PALM BEACH, Fla. - James and Maria Ivory's dreams of a relaxing retirement on Florida's Gulf Coast were put on hold when they discovered their new home had been built with Chinese drywall that emits sulfuric fumes and corrodes pipes. It got worse when they asked their insurer for help - and not only was their claim denied, but they've been told their entire policy won't be renewed.

Thousands of homeowners nationwide who bought new houses constructed from the defective building materials are finding their hopes dashed, their lives in limbo. And experts warn that cases like the Ivorys', in which insurers drop policies or send notices of non-renewal based on the presence of the Chinese drywall, will become rampant as insurance companies process the hundreds of claims currently in the pipeline.
(Full Article ) http://www.google.com/hostednews/ap/article/ALeqM5gD4avarflIqeq856bkEM8jMJRR_wD9BBMB980

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Last Edit: by Louie Flores.

Re: Insurers dropping Chinese drywall policies 15 years 1 month ago #22844

That's crazy. The insurance companies should be paying to replacing it. I could see this turning into a big lawsuit.

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Dominic Maricic
Home Inspector Pro Home Inspection Software - CEO

Re: Insurers dropping Chinese drywall policies 15 years 1 month ago #22847

  • Louie Flores
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So do I and HI's right in the center of this mess..

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Re: Insurers dropping Chinese drywall policies 15 years 1 month ago #22863

Hey Lou, I dont think that link is any good.

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HLC Home Inspections LLC
www.OklahomaHomeInspector.biz
We are a licensed inspector for the state of Oklahoma.?  Our focus is Oklahoma City, Moore, Mustang, Yukon, Tuttle, and many other areas surrounding OKC.
HLC-Home-Inspections-Oklahoma-City

HLC Home Inspections LLC...

Re: Insurers dropping Chinese drywall policies 15 years 1 month ago #22865

  • Louie Flores
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it works now John..

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Re: Insurers dropping Chinese drywall policies 15 years 1 month ago #22866

Thanks... Passed that on to my facebook account for people to read.

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HLC Home Inspections LLC
www.OklahomaHomeInspector.biz
We are a licensed inspector for the state of Oklahoma.?  Our focus is Oklahoma City, Moore, Mustang, Yukon, Tuttle, and many other areas surrounding OKC.
HLC-Home-Inspections-Oklahoma-City

HLC Home Inspections LLC...
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