May 1, 2017
I have a question regarding the temperature/humidity exclusion under form IM 7053 08/12. I have a claim that involved humidity that entered solenoids that sat at a builders risk project for 6 to 12 months. Moisture got into the circuits and caused corrosion. Would this fall within this exclusion. I am trying to understand the purpose of the exclusion. Thank you for your help.
Ohio Subscriber
Changes in temperature and humidity are a general condition of the planet, and are not usually a fortuitous loss. Even in very humid areas it takes some time for corrosion to occur, and the property was left for 6-12 months. The exception applies when the temperature or humidity changes lead to another loss; for example if dampness causes wires to short out and cause a fire, that resulting fire would be covered.
Christine G. Barlow, CPCU
Christine G. Barlow, CPCU, is Executive Editor of FC&S Expert Coverage Interpretation, a division of National Underwriter Company and Arc Network. Christine has over thirty years’ experience in the insurance industry, beginning as a claims adjuster then working as an underwriter and underwriting supervisor handling personal lines. Christine regularly presents and moderates webinars on a variety of topics and is an experienced presenter.