Is Mold Covered on My Homeowner's Insurance?

7/24/2023 (Permalink)

Mold can spread quickly through your Conneaut home or business in as little as 48 hours.

Pesky mold. Almost all homes have it. But is it covered under your homeowner’s insurance to get remediated? Maybe so, maybe not. Read on to get a lesson from SERVPRO of Trumbull and Ashtabula Counties on when mold is a covered loss.

Insurance can be tricky with wording. Thankfully, SERVPRO deals directly with your insurance company to determine if a loss is a covered one. 9 times out of 10 mold is not a covered loss on a traditional homeowner’s policy. But there are some cases where it is. But the source must come from a covered peril.

What is a covered peril? In homeowner’s insurance, a “covered peril” is an event the insurance company agrees to reimburse you for should you file a claim. Covered perils include fire, lightning strikes, windstorms and hail, weight of snow and ice, theft, and vandalism. These examples do not leave much room for coverage for mold, do they?

Let’s talk when mold would be covered.  Insurance.com gives some great real-life examples:

• An ice dam forms in a roof gutter during a rough winter. Water backs up under your shingles. The water leaks into your attic, soaks your attic floor and insulation and creates mold.
• A pipe bursts in your home and dumps gallons of water on the floor and saturates drywall. Mold begins to form before you call.
• A washer hose springs a leak and damages behind your washer. The washer hose is not old, you stop the leak and report the damage immediately, but not before mold forms.

No matter if the mold in your Warren home is a covered loss or not---SERVPRO can help. We can walk you through the claims process; or we can work with you if it is not. Mold remediation is one of the cornerstones of our business. It is a very technical process, and you want to make sure it is done right by a professional.

Mold can spread quickly through your Conneaut home or business in as little as 48 hours. If you suspect that your home or business has a mold problem, we can inspect and assess your property. If mold is found, we have the training, equipment, and expertise to remediate your mold infestation.

Learn more about mold and what to do until help arrives by reviewing these mold damage tips.

If you see signs of mold, give us a call (330) 392-6355.