Inherent Vice ExclusionThere is an additional ground to reject GTE’s coverage claim: the insurance policies explicitly do not insure against “ inherent vice.” The District Court concluded that, in addition to the defective design exclusion, the inherent vice provision barred GTE from recovering for Y2K remediation measures.ĪRTIST warrants that the ARTWORK will be free of defects in workmanship, including Inherent Vice, and that the ARTIST will, at the ARTIST’s own expense, remedy any defects due to faulty workmanship, or Inherent Vice, which appear within a period of one year from the date the ARTWORK is formally accepted. Inherent Vice - Certain commodities such as oilseeds may be expected to suffer weight loss during transit due to natural causes such as loss of moisture content. Netherlands NN Precision Bearing Products Co. Defect or Inherent Vice: Defect or inherent vice of personal effects, vehicle, boats, motorcycles, off-road vehicles and other commodities in your shipment, including, but are not limited to: (a) susceptibility to damage because of sensitivity to vibration and atmospheric conditions such as temperature or humidity or changes in the same, and (b) mechanical or electrical derangement of mechanical, electrical, or electromechanical devices.
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