When you are purchasing a new home or shopping for a new homeowners insurance policy, it is important to make sure the policy has a clause included that covers mold damage. Typically, homeowners insurance policies will have vague wording regarding mold coverage. This makes it difficult to determine if any mold is actually covered under the policy. Mold is usually excluded from your insurance policy, except when it’s a direct result of another claim, like water damage. Still confused? Here’s what you need to know.
When Mold is Not Covered Under Homeowners Insurance
Homeowners insurance policies usually don’t cover mold caused by a preventable water leak, flooding, or high humidity. This is because the insurance company won’t pay for any damages that occur when they believe the homeowner was negligent and could’ve prevented the mold. The insurance company expects the homeowners to take care of the mold-causing problems proactively before a claim is needed.
Here’s a list of instances that may cause mold damage, but you won’t be covered by your homeowner’s insurance:
- Burst or leaking pipes in the home. Particularly when unnoticed, even a small leak can lead to standing water and mold growth.
- Water in the attic due to a leak in the roof. Standing water and repeated saturation from rain or snow will eventually lead to mold growth on wood.
- Mold growth in your shower. Mold in your bathroom typically takes time to develop, and as a homeowner, you are responsible for preventing it before it gets to damaging levels.
These are considered “preventable” issues. An insurance company will expect you to do reasonable things like install an exhaust fan in the bathroom shower, watch for leaks in the roof, and check pipes for cracks.
Flooding is another area that standard homeowners insurance does not cover. A separate policy may cover mold and mildew, but there are limitations to these policies as well. It is best to speak to an insurance agent to learn what is included in this policy and what is not.
When Mold Is Covered by Homeowners Insurance
Mold removal will be covered by your homeowners insurance when the mold source is a peril already covered by your homeowner’s policy. A “covered peril” includes
- Weight of ice, snow, or sleet
- Frozen pipes
While some of these may seem similar to what we discussed above as not being covered, it is important to consider the wording. We always recommend speaking with your insurance agent to learn specifics of your policy and covered and non covered items.
How to Verify Your Insurance Policy Covers Mold Removal
Purchasing mold insurance and ensuring that your home is protected is simple: Speak to your insurance company and specifically ask them about mold removal and remediation clauses. Be extremely detailed about the instances that the policy will cover, and ask as many questions as possible. This will ensure that you purchase the coverage you need.
If you find yourself in a situation where mold problems have hit your home, McMahon Services are here to help. Call us right away, we’re available 24 hours a day, 7 days a week for emergency services, or to schedule an appointment when it works with your schedule.