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Old 08-07-2007, 09:26 AM   #1 (permalink)
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5th Circuit: No Coverage Owed For Flooding Caused By Levee Breaches

Just plain horrible but fair decision. Moral? Read what you sign.
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Old 08-07-2007, 09:38 AM   #2 (permalink)
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I was in NOLA when the decision was announced...consensus was definitely that this is not the last we have heard of that case.
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Old 08-07-2007, 09:50 AM   #3 (permalink)
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Interesting. I figured this would be the case, but there was much talk early on as to how they were going to prove damages from the Katrina herself, vs the levee break.
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Old 08-07-2007, 10:34 AM   #4 (permalink)
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Quote:
Originally Posted by centex View Post
I was in NOLA when the decision was announced...consensus was definitely that this is not the last we have heard of that case.
I suspect the same.
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Old 08-07-2007, 06:32 PM   #5 (permalink)
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No homeowners insurance policy is going to cover flooding of any kind. You have to have a national flood insurance policy.

Regular policies will only cover water damage due to a hole or "opening" caused by storm, tree, etc., but not from rising water, spray, waves, etc.
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