Aspen Claims Service

Possible Damage From "Fracking" Not Covered By Standard Homeowner’s Policy

 Monday, July 16, 2012

 The Hartford Courant

In case you were wondering, insurance policies for homes and commercial properties probably don’t cover any damage that might be caused by "fracking" — a relatively new approach to drilling for natural gas through hydraulic fracturing. The issue came up this week when Nationwide Mutual Insurance Co. became the first insurer to say it won’t cover damage resulting from fracking. If the ground shifts at a fracking site and breaks the foundation of a nearby home, or if the chemicals taint a drinking-water well, standard homeowner and...
Property
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