Will homeowners insurance cover damage from masonite siding?

Answer 1

Damaged SidingHomeowners insurance policies provide coverage against PERILS such as wind, water, fire, lightning, etc. If your home was damaged by water/moisture due to worn or deteriorated siding and you have an all-risk policy, then the resultant interior water damage may be covered once you have repaired the defective siding product that caused the damage. The defective or worn out siding itself would not be covered.

There is no coverage to replace the siding itself if it is just worn out or defective. This would be a home maintenance issue.

If the siding has been damaged by an event (tree fell on it, it was struck by flying debris) then repair of the siding may also be covered.

AnswerAdditionally, if you have Masonite or asbestos roofing or siding, it is well known as a defective, obsolete product. What is the value? If it has no value how can you claim a loss on the product. I have been asked several times to value this product. Since it cannot be valued, how can you have a loss?

The old adage is if it has no value it cannot be damaged. you cannot discern a dollars amount of damage to a penny!