In the past, mold damage claims were largely covered under most property insurance plans –
particularly if it was an outcome of a “covered” peril. In the current times, concerns over mold
have surged dramatically as more scientific knowledge on mold and its detrimental effects on
human health are available to the public. The process of cleaning up and removal as well as
remediation is expensive and dangerous to the person performing these tasks.
As a result, many home insurance companies have removed such coverage from their policies, whether or not the mold damage is a direct outcome of a “covered” peril. That said, in some cases, insurance carriers still offer coverage for damage due to mold or fungus contamination, when you pay an additional premium. If your property is affected by mold, you should take immediate action to fix the situation since mold growth can lead to severe health and property damage.
Some insurance companies downplay the severity of mold infestation, even before excluding the coverage for mold damage from their insurance policies. Moreover, you may also find some advising their clients to clean up the affected area all by themselves with bleach and water, ultimately to prove that professional mold remediation isn’t necessary at all. Even when your policy covers some types of mold damage, your insurer may tell you that it is an exclusion.
Benito Paul Public Adjuster can assist you by assessing your mold insurance claim while providing you with valuable advice on the best course of action to take.
Benito Paul follows the following stages of a mold damage claim: