Mold discovery in your home is never a good thing. It’s a hazard that you should hesitate to rid of from your home. It’s crucial to get professional help to not only rid your home of the mold but to find the source of the mold to prevent future mold infestation. If you have a severe case of mold infestation, it could prove costly to hire a mold specialist and have restoration work performed. You may be wondering if mold is covered under your homeowner’s insurance. Mold damage may be covered by your homeowner’s insure. However, the big question is, “Is attic mold covered?” Let’s explore more regarding typical coverage for mold damage.
What’s Mold?
Mold is a type of fungus that thrives on moisture and humidity and grows quickly in the right environment. It’s common for mold to grow in an attic because it often has the perfect condition that attracts mold. Mold spores in your attic or any other space in your home should not be ignored, but treated as soon as it’s discovered. Mold is not only a health hazard, but can cause structural damage that can affect the support beam in your attic.
Primary Circumstances Leading to Mold Discovery
Mold doesn’t just appear out of nowhere. Mold may appear under one of these two conditions:
- An unnoticed slow leak that causes moisture accumulation in your attic.
- Major water damage, such as a flood, and though efforts were made to perform thorough cleanup and restoration, mold develop in your attic.
Mold Insurance Claim
Do you have an insurance claim for mold? Maybe. The answer isn’t so straightforward. Mold insurance claims in the category of “first party” property claims. An investigation of the claim is done by an insurance agent who will decide whether or not mold damage is covered under your insurance policy.
Types of Coverage
Whether you are talking about commercial, homeowner, or renter insurance policies, they are all different from one insurance company to the next. Mold coverage under a particular policy will depend on the language of that policy. The verbiage of any policy is important and reading your policy is crucial in the initial stages when working with an underwriter who can clarify details that are unclear to you.
- Specified Peril Insurance: You can find Specified Peril insurance policies that cover mold damage, in the case that mold growth is the result of any listed “peril” or causes. A list should be included in your policy of all the “peril” or causes for you to clearly identify.
- All Risk Insurance: These policies cover practically everything. The only hiccup you may have is if the insurance company can prove mold isn’t covered. This is why it’s your responsibility to ensure that at the time the policy is written out that mold is explicitly covered.
When is Mold Typically Covered?
If mold develops from water damage that is covered by your policy, then mold damage is typically covered. The burden of proof will be on you to show that water damage caused the mold growth and is not a pre-existing issue.
At Bay state Mold Removal, our mold remediation team is skilled and reliable in helping our clients work with their insurance company to process a mold claim. We don’t just stop there; we tackle the real issue of mold remediation and restoration by finding the source of your mold problem and developing a solution that stops the infestation. Call Bay State Mold Removal for your mold restoration needs.