Understanding Your Homeowner's Insurance When You Have Mold

3/27/2020 (Permalink)

Protect yourself and your family by purchasing a homeowner's insurance

When you purchase a homeowner's insurance policy, you do so to protect yourself and your family in case of emergencies. You hope to never use it, but you're relieved that it's available when you're in need. Despite your best efforts to keep fungus growth out of your home, you may spot this issue at some point. This can damage materials and pose challenges to you and your loved ones. Plus, cleanup costs can be expensive. Make sure you review your insurance policy so you'll know what the company covers.

How Mold Gets Into Your Home

No one in Mount Pleasant, TN, wants to discover fungus growth in any part of their home. Mold brings an unbearable smell and may even diminish the value of your home. Here's how mold appears in your house:

Mold spores in the air get into your home through doors, windows or on the people or pets coming in.
Mold begins to grow in humid wet areas.
Mold continues to unspread if not identified, contained and cleaned.

When Your Policy Will Cover Mold

There are times when an insurance plan will have mold coverage. If mold grows due to some type of peril, you should be able to file to a claim. This means if something such as fire, lightning, theft, vandalism or frozen pipes causes mold to appear and grow, your insurance company should pay for the damage. The company will also coordinate with a professional mold cleanup organization to remove the mold and restore your house.

When Your Policy Won't Cover Mold

There is no mold insurance if mold grows in your home because you failed to properly maintain it. For example, if you don't have proper ventilation in the bathroom or put off fixing that broken pipe, you'll be on your own to pay for cleanup.
Make sure you have a good handle on what your policy cover. Take preventive measures to stop fungus growth.