Originally Posted by The_Jazz

Read your own damn policy. You're the one who paid for it. Pick it up and at least thumb through the table of contents. And if your agent didn't point out that you could have bought the mold rider and you can prove it in court, his Errors & Ommissions/Professional coverage will cover that.

And comparing homeowners insurors and commercial insurors is a bit of apples and oranges, especially since companies like BP, Transocean and Halliburton all employ teams of inhouse risk managers, outside risk consultants and brokers who all point out potential gaps in coverage.

That said, none of that is relevant at this point since the insurance companies are taking a back seat thus far. Given the type of coverage most likely in place and who's buying it, the policies are probably on "pay on behalf of" forms, but I'll bet that they've talked to the carriers and switched that to a reimbursement since the first few layers are just going to tender their limits immediately anyway.