“Unfortunately, the coverage you paid for doesn’t extend to any situation where there is water in, on, or around your home,” said Pat Treacy, a claims adjuster at Countrywide Mutual Insurance who informed the Colemans that their policy had actually been voided the moment they first filled their bathtub or ran water from their sinks. “It’s industry standard, I’m afraid. Houses just aren’t meant to get wet. No insurance company anywhere would take on that kind of liability. If it’s possible to prove the house remained dry during the storm, and it just sort of fell down on its own, then maybe a case could be made for approving your claim.” Treacy went on to wish the Coleman family well and said he would keep an eye out for them on GoFundMe.
It’s funny but I still have PTSD from working cat events and having to tell 100 people that homeowners’ insurance doesn’t cover flooding. Probably sounds like nothing to you but It’s emotionally exhausting and insurance policies have to be written so plenty of money is paid out showing that customers are getting value out of being insured, but not so much that the company goes bankrupt.
A reminder that insurance is just profit driven socialism in a mask.
It’s more calculated betting, even if done at a government scale.