A flaw in an item of property that will, in time, reveal itself and show the property as damaged. Property insurance does not normally cover such damage.
In insurance terms, this term is used to describe a commodity that has a tendency to self-destruct (e.g. fruit rots, coal-dust spontaneously ignites), which gives rise to a high insurance risk and cover is given only after payment of an additional premium.
(Vice inhérent or Vice propre de la chose assurée) A condition of the particular goods themselves which by their very nature causes a deterioration. For example, vegetable and meat will not keep unless special arrangements are made to avoid their deterioration. Eggs, if not refrigerated, will go bad.
Harmful factors that originate from within an object and, without external help, lead to its deterioration. Usually this deterioration occurs through chemical changes in the materials which make up the object. The acidity found in wood pulp paper is an inherent vice.
A condition or defect which exists within property from the beginning. A tendency of the property itself. An example of inherent vice is the tendency of milk to sour. Insurance policies usually exclude inherent vice.
The quality that something has to deteriorate or damage itself without outside help. For example, milk sours. Inherent vice is excluded from cover by almost all policies.
This refers to the propensity of a commodity to self-destruction which gives rise to a high insurance risk. Therefore, coverage is given only after payment of an additional premium (examples of this propensity are fruit which can rot and coal-dust which can ignite spontaneously).
An insurance term referring to any defect or other characteristic of a product that could result in damage to the product without external cause. For example, instability in a chemical that could cause it to explode spontaneously. Insurance policies may specifically exclude losses caused by inherent vice.
Internal cause of damage to goods during shipping; damage caused by the qualities of the goods themselves.
A property in cargo which causes, or is liable to cause, loss or damage to the cargo, without any accident occurring (e.g. spontaneous combustion). It is always excluded by the insurers of the cargo because of its inevitable nature.
The propensity of a commodity to self-destruction which gives rise to a high insurance risk, therefore cover is given only after payment of an additional premium (e.g. fruit rots, coal-dust spontaneously ignites).
The characteristics of any physical property which are expected to cause deterioration or damage to that property without outside help, e.g., milk sours eventually, and wooden houses depreciate over time, Excluded by most insurance policies.
A fault in property that leads to its self-destruction. Insurance contracts usually exclude such damage.
A term used by conservators to describe any characteristics of an object that were present at its creation and that lead to accelerated deterioration. A common example is the acidity present in cheaper papers such as newsprint; this increases the speed with which paper will discolour and become brittle.
This property insurance exclusion excludes construction which is likely to cause of loss and also other 'attractive nuisances' such as rodent droppings in a sugar warehouse.
A property flaw or fault which causes its own destruction. Damages from inherent vices are usually not covered through insurance.
A quality in goods that produces damage to them by its own action without the assistance of an outside agency.
Existing condition, which causes deterioration of the painting as a result of its original construction.
The inherent physical properties of goods which may cause them to suffer deterioration or damage without outside influence. (For example: spontaneous combustion, rust etc.)
The quality that something has to deteriorate or damage itself without outside help, e.g., milk sours; coal combusts spontaneously.