This is definitely a win for consumers. As you know, Apple places a small Liquid Contact Indicator inside the majority of their devices to identify whether or not the device has been subjected to liquid damage.
The reason for this is because water damage eliminates the consumer from being eligible for AppleCare. In other words, liquid damage isn’t covered under warranty.
Obviously directly submerging your iPhone in a body of water is a good reason for Apple to deny your claims, but what if your iPhone’s LCI triggered accidentally due to extreme humidity? What then?