Mold is a serious problem for any homeowner; it can cause health problems and allergic reactions in residents, cause structural damage to your home, and lower the value of your property. It can also be difficult to discover, verify, and eradicate.
Does my insurance policy cover my mold issues?
Whether your insurance company covers your mold issue depends on a number of factors. To be sure if your mold damage is covered, read your insurance policy closely, and contact your insurance company with any specific questions. You can refer to vosslawfirm.com/faqs/mold-damage-mold-removal-can-i-file-an-insurance-claim-.cfm to know if your homeowners’ insurance policy covers mold damage in detail.
However, here are a few general guidelines that pertain to most homeowner’s insurance policies:
Mold damage caused by maintenance issues is usually not covered by a basic insurance plan. If your mold damage was due to a slow leak, humidity issues, landscaping problems, or drainage problems, you may need to cover the cost of repairs yourself.
Mold damage caused by flooding is usually not covered by a basic insurance plan. In most cases, some instances of water damage are covered, but flood insurance must be purchased separately.
Mold damage often comes in the days and weeks after water damage. Making water-damage repairs as soon as possible after discovery can prevent mold problems from appearing in the first place.
To keep mold away, keep moisture away. Make sure that you maintain your plumbing, your ventilation, your gutters, and your roof. Inspect your home for signs of mold and water damage, with the understanding that both types of damage can be hidden behind walls.