My policy, I've discovered, contains the phrase “We insure against "sudden and accidental", direct, physical loss to tangible property described in PROPERTY WE COVER –“ [internal quotes are USAA’s]. I know the phrase indicates possible trouble for me in collecting disaster payments, but I do not know why, or how, this phrase is important and why the phrase “risk of direct physical loss to property” is ISO standard and better for me the purchaser. Would you kindly explain the practical reasoning these phrasings. I bought the policy on February 9, 2013 and could cancel and purchase other home insurance. Thank you.
State: 
New York

About The Expert

Amy Bach

Amy Bach has been a professional advocate for insurance policyholders since 1984 and an attorney since 1989. She co-founded United Policyholders in 1991 and serves as the organization's Executive Director and primary spokesperson; shaping and overseeing the Roadmap to Recovery™, Roadmap to Preparedness, and Advocacy and Action programs. She is a nationally recognized expert on insurance claim and legal matters; frequently interviewed in print and broadcast media, and the author of numerous publications including "The Disaster Recovery Handbook", "WISE UP: The Savvy Consumer's Guide to Buying Insurance" and consumer tips and guides in the UP Claim Help Library.  Recognized by Money Magazine as a Money Hero, Bach is in her eighth consecutive term as an official consumer representative to the National Association of Insurance Commissioners, and is a member of the Federal Advisory Committee on Insurance.