Re:Millions of Americans skipping payments as wave of defaul...
by sokoloff on Thursday June 04, 2020 @04:41PM
(#23421493)
Yes, if riots are not covered, they're not covered, but that will generally be obvious to the purchaser of the insurance (specifically by virtue of a clause about riots being excluded being present in the contract, in contravention to your claim above that "the clause [about riots] won't be in any contract to begin with". It will be there as an explicit exclusion.).
If the purchaser of the insurance makes the choice to purchase insurance which obviously and explicitly does not cover riots, they ought not be surprised when riots are not covered and it's not the insurer's fault.
I'm just saying you're making a whole lot of points without actually addressing the literal contents of my message, which would make this conversation much smoother because otherwise we are speaking past each other.
It looks like that presumption is wrong because riots will be covered under the umbrella of "physical damage" but you haven't really explicitly made that point by addressing mine, so it's hard to move forward with you to a productive conversation.