Knob and Tube & Cloth Wiring

Holy Toledo Batman!!!

It seems that the new 4-Point lumps in cloth wiring with knob and tube!! Now I guess all those late 40’s through 60’s houses are going to need to be re-wired too!!:ouch:

Yep!

Let’s do a run down, shall we?
Pre 1970 homes–no insurance due to K & T / cloth covered wiring.
Post 1970–1996 No coverage for polybutylene, aluminum wiring.
Post 1996, although not on the form yet,-No coverage for PEX plumbing.
Soon to come…4-points for all homes and no coverage for anyone! :stuck_out_tongue:

Any economic gains in housing market are now being lost due to high insurance premiums resulting in more foreclosures. Can’t win for losing.