Here’s what your home insurance will cover when it comes to mold damage.

As a homeowner, mold growth on your property is a serious problem.  Not only can mold result in damages to your home, but it can also create unsafe living conditions for your loved ones.  Fortunately, most homeowners insurance policies will offer some coverage to deal with mold remediation and damages.  Here’s what you need to know about your coverage.

  • Insurance Coverage for Mold

First things first, it’s important to remember that every home insurance policy is different.  To find out exactly what your policy covers, you need to review your policy and speak to your insurer.  That being said, most standard homeowners insurance policies will offer coverage for mold remediation and repair.

  • Coverage Exclusions

There are some caveats to this coverage.  To start, some policies will only offer coverage for mold damage if the mold is a result of a covered peril.  For instance, if your policy protects against broken pipes, then you would have coverage for the mold growth that results from a broken and leaky pipe.

It’s also important to note that your insurance will likely not offer coverage for the mold that develops as a result of your negligence.  Finally, your policy will not offer coverage for the mold that that was already in your home before you purchased your home insurance policy.

This is what your home insurance will cover when it comes to mold damage.  Do you have additional questions regarding the coverage included in your home insurance?  If so, then contact the experts at Stromsoe Insurance Agency in Murrieta, California.  Our dedicated team is eager to assist you with all your coverage needs today.

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