On Oct 16, 4:55*pm, Chris Friesen wrote:
On 10/16/2009 12:02 AM, Too_Many_Tools wrote:

Anyone buying a house now or in the future should read this article.

Bear this in mind if you sheetrock your shop in the future.

Wow. *That's just nutty that the insurance companies are allowed to drop
them because of it. *The car analogy doesn't wash...if I'm in an
accident due to a defective car part I would expect the insurance
company to pay me and then turn around and sue the manufacturer to get
reimbursed.

I wonder if there are any standards on allowable chemical fumes emitted
by drywall? *If there weren't, the insurance companies shouldn't be able
to do this. *If there were, then whoever approved the importing of the
drywall should be on the hook.

The key point here is that this type of problem was never covered
under any homewoner's policy that I've had, nor do I think any policy
would likely cover it. If the furnace turns out to be defective, or
the front door falls apart prematurely, your homeowner's policy won't
pay for it. The reason they are canceling is likely because they
know the risk of them having a claim of a secondary nature is high.
Examples would be the owner deciding to stage a fire to get out of the
problem, or a house guest suing them for medical claims. Now those
would typically be covered.




I bet any housing inspector with a chemical sniffer is going to be in
high demand for the next while.

Chris