Monday, December 27, 2010
Nuclear Electricity (Uranium Mining?) And The Citizen's Rights
Comment: It sounds as though homeowner insurance may not cover issues of contamination due to uranium mining and milling. Have you checked with your insurance agent?
Nuclear Electricity (Uranium Mining) And The Citizen's Rights:
For many Americans, the purchase of a home is an important step in their pursuit of happiness. And because of the risk to that happiness, inherent in a loss of their home, Americans are accustomed to buying home insurance to protect that crucial investment of life savings.
Little known to most Americans is the presence of a "Nuclear Exclusion" clause in their homeowner's insurance policy.
A typical set of nuclear exclusion clauses from a Homeowners' policy issued by Hartford Insurance Group (one of the nation's largest and most reliable insurance companies) are as follows:
2. Nuclear Clause -- Section 1: The word "fire" in this policy or endorsements attached hereto is not intended to and does not embrace nuclear reaction or nuclear radiation or radioactive contamination, all whether controlled or uncontrolled, and loss by nuclear reaction or nuclear radiation or radioactive contamination is not intended to be and is not insured against by this policy or said endorsements, whether such loss be direct or indirect, proximate or remote, or be in whole or in part caused by, contributed to, or aggravated by "fire" or any other perils insured against by this policy or said endorsements; however, subject to the foregoing and all provisions of this policy, direct loss by "fire" resulting from nuclear reaction or nuclear radiation or radioactive contamination is insured against by this policy.
3. Nuclear Exclusion -- Section 1: This policy does not insure against loss by nuclear reaction or nuclear radiation or radioactive contamination, all whether controlled or uncontrolled, or due to any act or condition incident to any of the foregoing, whether such loss be direct or indirect, proximate or remote, or be in part caused by, contributed to, or aggravated by any of the perils insured against by this policy; and nuclear reaction or nuclear radiation or radioactive contamination, all whether controlled or uncontrolled, is not "explosion" or "smoke." This clause applies to all perils insured against hereunder except the perils of fire and lightning, which are otherwise provided for in the nuclear clause contained above.
More Info:
Your home's value plummets because a prison or a huge shopping mall is built on your block: (what about mining?)Not covered. Selling cost is not insurable. Your house is insured for the amount you'll need to rebuild it and replace the contents.
A company dumps pollutants into a stream that runs through your property: Not covered. If something like this were to occur, the offending company will be stuck with the clean-up bill — probably after a lengthy court battle. (Some policies contain coverage to clean up oil spilled in your house when your oil company fills your tank.)
Your house is swallowed by a sinkhole because it was built over an old coal mine: Not covered. This is a problem for homeowners in the Coal Belt states, including Illinois, Ohio, Pennsylvania, and West Virginia. While your homeowners policy doesn't cover this, you can purchase coverage (known as mine subsidence insurance), usually from your state's Mine Subsidence Authority. Check with your state's department of insurance or your agent.
Read more:
http://www.ratical.com/radiation/CNR/PP/chp7.html
