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Old 12-08-2012, 08:57 AM  
baddog
So Fucking Banned
 
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Join Date: Apr 2001
Location: the beach, SoCal
Posts: 107,089
Quote:
Originally Posted by L-Pink View Post
What kind of coverage did the homeowners have? There's water damage from rain which is different from moving water which is different from storm damage, which is different from ??. Unless you really know what you are looking for and have someone qualified to oversee what you are buying you can overlook what you are actually paying for.

If the coverage was for everything the policy would be one paragraph. It's page after page because of what is NOT covered.

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Bingo; without knowing their coverage an "Act of God" can screw them. I remember representing a client that was fighting a defendant from New York. The NY attorney had very weird (aka liberal) ideas of what fell under "Acts of God" that would never even be put forth in a CA court. I got the impression that NY had a more extended interpretation than we did.

Naturally, since it was a CA case, not a NY case, we went by CA law and we won.
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