Inherent vice is a hidden defect in an object that, of itself, causes the object’s deterioration, damage or destruction — rendering the object an unacceptable risk to insurers or carriers. If the defect is invisible and insurers or carriers are unaware of it, neither is liable for claims that arise solely from inherent vice.
Inherent Vice
Inherent Vice
Inherent Vice
Inherent vice is a hidden defect in an object that, of itself, causes the object’s deterioration, damage or destruction — rendering the object an unacceptable risk to insurers or carriers. If the defect is invisible and insurers or carriers are unaware of it, neither is liable for claims that arise solely from inherent vice.