Homeowners Pollution Exclusions
Monday, January 27th, 2003 Liability PropertyThe first party property pollution exclusion found in the homeowners forms developed by Insurance Services Office (ISO) and by the American Association of Insurance Services (AAIS) has been broadened considerably in scope when contrasted with the original contamination exclusion found in marine, commercial property, and early homeowners forms. Depending upon individual insurance companies’ claims practices, coverage is being denied for losses traditionally covered under open perils versions of the homeowners—ISO’s special form HO 00 03, 1991 edition, or AAIS’s form 3 Ed. 2.0 (1995).
External References & Further Reading
http://www.nationalunderwriter.com/FCSfx/archives/articles/default.asp
