One of our homeowners clients is insured on AAIS form ML-3. He was transporting his lawn tractor on a trailer being towed behind his auto. The trailer hit a pot hole causing it to sway. The tractor fell off the trailer and onto the road, becoming severely damaged. The insurer denied coverage under the “falling objects” peril, which states “we do not pay for loss to the object which falls.”
We disagree with this interpretation, and think the proximate cause of the loss is the “upset” of the vehicle and therefore covered. What do you think?
New York Subscriber
The AAIS form ML-3 promises to cover direct physical loss to personal property caused by “vehicles.” Losing control of the vehicle and dropping the property onto the road is a sure way of causing direct loss to that property.
The adjuster is correct about falling objects, however. The mower became a falling object in its course from the trailer bed to the ground, but it wasn't damaged by being an object in fall. The damage came when it hit, having been tossed from a vehicle. Therefore, the damage is covered.
This premium content is locked for FC&S Coverage Interpretation Subscribers
Enjoy unlimited access to the trusted solution for successful interpretation and analyses of complex insurance policies.
- Quality content from industry experts with over 60 years insurance experience, combined
- Customizable alerts of changes in relevant policies and trends
- Search and navigate Q&As to find answers to your specific questions
- Filter by article, discussion, analysis and more to find the exact information you’re looking for
- Continually updated to bring you the latest reports, trending topics, and coverage analysis
Already have an account? Sign In Now
For enterprise-wide or corporate access, please contact our Sales Department at 1-800-543-0874 or email [email protected]