DOES HOMEOWNERS INSURANCE COVER MOLD?

10/16/2020 (Permalink)

Mold Homeowners Insurance Ventura, California

DOES HOMEOWNERS INSURANCE COVER MOLD?

Mold is a nightmare for every homeowner. It is an issue that is not something to simply ignore. Apart from affecting your health, it can also damage your property. Mold produces spores which spread by floating around the air.

Mold issues are expensive; it can cost as much as 10,000 dollars. Home insurance policies often include unclear wording regarding mold coverage. It is difficult to determine whether any mold you encounter will be covered.

When is mold covered by insurance?

Mold will be covered by home insurance if they were the result of specific problem that was covered by your policy. Example, if you experienced a sudden and accidental incident such as burst pipe, some of the moisture may cause mold. Other examples include:

1. When water heater ruptures, releasing water that causes mold to grow on the surrounding wall.
2. After a home fire, fire fighters used water to extinguish flames and causes mold to develop.
3. When your dishwasher malfunction resulting in mold growing.

When does homeowner’s insurance exclude coverage for mold?

Homeowner’s insurance will not cover damages from mold if it caused by own neglect and lack of maintenance. Examples of when mold is not covered are:

1. If there is a leak and you decided not to fix it resulting in mold infestation.
2. When you live in a humid climate and you don’t use humidifier, mold grew as result.
3. A storm causes flooding, causes mold growth in your home.

If you think you are entitled to a payment for mold damage, contact the insurance company and they will assess the damage.

If you need help in removing mold infestation or any water damage events, don’t hesitate to call us SERVPRO of Ventura. Call us at (805) 656-3911