The plaintiffs, however, make the distinction between previous minor damage to plaintiffs’ home from the earth shifting, damage for which the plaintiffs’ are not seeking compensation, and the major damage to plaintiffs’ home from the hidden decay which caused the October 1996 collapse, which was within the policy peri worsened. “The rule is based on the realization that the purpose of insurance is to protect insureds against unknown risks.” Appalachian Insurance Company v. Liberty Mutual Insurance Company, 676 F.2d 56, 63 (3d Cir.1982). However, if a deterioration problem occurred prior to the effective date of a policy, an insurer would not be held liable for ongoing damage that began before the insurer’s policy period. Id.; see also Summers v. Harris, 573 F.2d 869 (5th Cir.l978)(<HOLDING>). The plaintiffs in ’ their depositions have
holding that a flood insurance policy did not cover damage to the insured house which resulted from a flood that began eight days before the policy was issued holding that liability insurance policy that expressly excluded coverage for the insureds intentional acts did not cover punitive damages award assessed against the insured and stating in dictum that public policy forbids insurance coverage for punitive damages holding evidence including that insurer only charged life insurance premium that would ordinarily apply to onehalf the amount of coverage actually permitted by policy as written did not warrant retroactive reformation of policy to reduce coverage amount because it did not demonstrate mistake on insureds part and insurance company did not present evidence on what parties agreed to before the policy was issued holding that an insurance policy providing that the insurance company would pay all reasonable expenses incurred by the insured at our request emphasis omitted did not establish an agreement that the insurer would cover attorney fees and costs to the insured in a declaratory action holding agent liable for fire damage to the house his customer was building when the agent after agreeing to have a builders risk policy issued on the house failed to notify the customer that he had not procured such a policy