No Coverage Owed For Home’s Foundation Collapse, New Jersey Panel Affirms

(May 24, 2023, 12:43 PM EDT) -- TRENTON, N.J. — A trial court did not err in determining that an insured’s claim for the collapse of his home’s foundation is not covered because experts hired by both the homeowners insurer and the insured determined that the collapse was caused by water seepage and earth movement, both of which are excluded causes of loss under the policy, the New Jersey Superior Court Appellate Division said May 23....

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