Hidden Damage

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Hidden Damage

Damage to an asset that is not immediately apparent. For example, a roof with hidden damage may appear unharmed until it leaks during a rain storm. Insurance policies provide coverage for both hidden and obvious damage.
References in periodicals archive ?
It may still scare off some prospective buyers worrying about some other hidden damages, but it beats a lawsuit later from some litigious people looking for compensation for "hidden damages" you didn't reveal.
Fine art shipping companies are therefore protected against hidden damages and other claims when they receive an artwork in custody.
He added, "We use infrared thermal imaging scans to find the hidden damages to prevent you from unexpected surprises.
There might be hidden damages on churches that are still standing.
Micro cracking are hidden damages which is not easy to detect and also leads to failure for any structural component.
In Auto Owners, hidden damages, amassing over multiple years, were caused by defects on two different projects constructed by the same insured contractor.
Section IV proposes a legislative solution to correct the problems inherent in the judicially-created doctrine and seeks to provide clarity to landowners and judges alike by offering an express exception in the case of hidden damages.
What is unknown to us is the behavior of the composite spring in a side impact; we don't know how those fibers are behaving inside and we need to see if there are any hidden damages we don't see," Kosak says.
A federal appeals panel Wednesday reinstated a lawsuit by a man who discovered hidden damages in his house from the Northridge Earthquake after the deadline to submit an insurance claim passed.
As the session became more involved, hidden damages were revealed along with construction defects, client liability and conflict of interest questions.
Property managers who experience these disasters have the added responsibility not only of making sure that everyone is safe and those in need of assistance receive help, but also that hidden damages are not missed and excluded from the cost of the repairs.
com are already underway, and new user awareness guides from expert restoration contractors are already being added on the hidden damages any storm may inflict on your property, to what everybody should know about insurance claims before starting any residential or commercial restoration project.