Is mold covered in my homeowner’s insurance?
Mold is a serious household issue and should be taken care of right away so it does not lead to serious health problems down the road for anyone who is repeatedly exposed. Depending on the extent of the mold damage, you may have to do extensive home remodels to repair what was ruined.
There are some situations in which mold can be covered under your insurance policy. It also depends on the type of insurance that you have. Many times, floods are not covered under standard insurance policies. However, if you do have an extended insurance policy that insures you in the event of flooding, you may be covered. Generally speaking, the cost of removing and repairing items in your home that were impacted by mold will only be covered if the mold grew because of an incident that is covered under your insurance. However, if you were simply neglectful and can be found at fault, you will probably not be covered because it could have easily been prevented.
Having mold in your residence can be very dangerous and if it was caused by an event that was covered under your insurance, you should file a claim as soon as possible. The insurance company will likely try to avoid paying for the costs associated with mold removal and the necessary home repairs. If the mold was caused by a covered disaster and your insurance company still refuses to provide you with compensation, you seek legal counsel with an experienced insurance law attorney.
The Law Office of Craig A. Blumberg is an experienced New York City insurance law firm. If you require quality assistance after having suffered property loss, please contact our firm to schedule a free initial consultation.