Virginia Drywall Damages Not Covered by Insurance
In a major setback to the state’s homeowners, the Virginia Supreme Court has ruled that a homeowner’s insurance company does not have to pay for damages caused by toxic Chinese drywall.
The court issued the ruling in a lawsuit filed by a homeowner when his insurance claim seeking damages for the harm caused by the drywall was rejected by TravCo Insurance Co., reports the Associated Press (AP). Drywall imported from China has been used extensively in new home construction and renovations in the United States, particularly in the South.
The AP reports that the court ruling means that 300 other Virginia homeowners afflicted with toxic Chinese drywall also won't be able to collect damages from their respective insurance companies. The tainted drywall is associated with foul odors, health problems, and corrosion of pipes and wiring.
The court ruled that the damages caused by latent defects, defective materials, rust or other corrosion, or pollutants were excluded by the homeowner’s insurance policy.