It is common for homeowners to find mold and mildew on a kitchen or bathroom wall. It is quite worrying and requires immediate attention. While the first thing that comes to mind is to call an expert to remove it, you should first look at your homeowners’ insurance.
It is important to check if you have mold and mildew coverage under your homeowner’s insurance. Most states have given home insurance companies the right to exclude mold coverage from their policies. Thus, there is a low chance that you may not offer it.
Let’s get into a detailed discussion on whether your home insurance company offers coverage for mold and mildew.
Mold Coverage by Homeowners Insurance
Mold is one of the most prevailing problems and a highly dangerous fungus that can grow inside or outside your home. About 70% of the homes have mold. It is a severe risk for all family members; some molds, such as black molds, are known to produce hazardous chemicals that can cause severe illness. If this mold, mildew, spores, or fungus creation results from a certain problem, then it will be covered by your home insurance policy.
One example would be leaky pipes that resulted in mold across the walls. And to claim it, you need to prove to your insurer that it was indeed a sudden finding and that you had nothing to do with it. Even if they provide you the mold coverage, it will be restricted.
However, a standard home insurance company will cover mold if the growth has resulted from nature or it has long been hiding in the ceilings or walls of the house. A few examples include the following:
- Overflowing of the toilet leads to mold growth
- A leaky pipe led to mold growth in the structure of the house
- After firefighters extinguish a fire
- Water damage caused by heavy rainfall
- Snow melting on the roof, causing moisture in the pipes
When Does an Insurance Company Not Cover Mold?
There are, however, a few eliminations of the damage caused by mold. These exclusions will lead to a low coverage for mold and are typically caused by the following:
- Poor repairs
- Long-standing leaks that were not addressed
- Heavy moisture or water on the surface from construction
- Usual wear and tear
If you’re considering getting mold coverage as a part of your home insurance policy, talk to our home insurance consultant in Springfield to see if it’s right for you. Western Mass Auto Insurance is ready to be your go-to insurance advisor!
They are one of Springfield’s most trusted home insurance providers and offer flexible insurance policies, such as auto, life, and renter’s insurance. Their home insurance agents in Springfield can also help you pick your best plan!
Get in touch with them today for more details.
