Does Home Insurance Cover Mold?

Here’s what your homeowners insurance will cover when it comes to mold.

Unfortunately, mold growth is a common problem that many homeowners face.  When mold develops in your home, it can cause damage and create an unsafe living environment for you and your loved ones.  Fortunately, your home insurance can cover some of the costs associated with mold damage and eradication.  Here’s what you need to know.

Coverage for Mold Damage

First things first, it’s important to remember that every home insurance policy is different.  To find out exactly what your policy covers, you need to review your policy and speak to your insurer.  That being said, most standard homeowners insurance policies will offer coverage for mold remediation and repair.

Coverage Exclusions

There are some caveats to this coverage.  To start, some policies will only offer coverage for mold damage if the mold is a result of a covered peril.  For instance, if your policy protects against broken pipes, then you would have coverage for the mold growth that results from a broken and leaky pipe.  It’s also important to note that your insurance will likely not offer coverage for the mold that develops as a result of your negligence.  Finally, your policy will not offer coverage for the mold that that was already in your home before you purchased your home insurance policy.

This is what your homeowners insurance will cover when it comes to mold damage.  Do you have additional questions regarding your home insurance coverage?  Then contact Weaver & Associates in Arcadia, California for assistance today.