Cosmetic damage from wind and hail to homeowner and commercial properties may no longer be covered if insurers opt to use new endorsements—one for homeowners and another for commercial roofs—that are becoming available.
Executive Summary
AAIS and ISO, responding to requests of member carriers experiencing rising property claims from "cosmetic" wind and hail damage, have created exclusionary endorsements.The two organizations that standardize forms and policies for property/casualty insurers, the American Association of Insurance Services (AAIS) and ISO, have both filed cosmetic damage endorsements.
Some believe use of these endorsements could become the norm.
