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Does a sagging floor constitute a “collapse”? Court finds ambiguity in “collapse.”

The Property Insurance Law Observer

For the purpose of this Additional Coverage – Collapse, abrupt collapse means an abrupt falling down or caving in of a building or any part of a building with the result that the building or part of the building cannot be occupied for its intended purpose. Hartford Casualty Insurance Co. , LEXIS 127718 (D.

Building 130
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Study Touts PayoffsFrom Alabama Wind Resilience Program

Triple-I: Homeowners Insurance

Homes built or retrofitted to FORTIFIED standards from the Insurance Institute for Business & Home Safety were found to have suffered far less property damage and a lower volume of insurance claims from Hurricane Sally which made landfall in Gulf Shores, Alabama, as a Category 2 storm in September 2020 than non-FORTIFIED properties.