Is Mold Covered Under Home Insurance?

  1. 14231 POINTS
    Tom Sheehan
    Agency Owner, The Thomas G Sheehan Agency, 27 Glen Road Sandy Hook, CT 06482
    It can be, yes, but it is best to check with your Insurance Professional and discuss all the terms and conditions of your particular policy.  Some companies limit the amount of coverage that is available in a Homeowners' policy and,  n some cases this is regulated by state statute.  Naturally any coverage settlement will be subject to your policy deductible.
    Answered on May 20, 2014
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  2. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    Mold is already in every home.  Coverage from your homeowner’s policy will largely depend on the cause of the mold.  If there in infestation of mold in the home, it is most likely excluded by the wording of the policy.  However, that doesn’t mean that a claim will be denied.  If the mold is the result of a bust pipe, for example, coverage would probably be available. Some companies put a limit on recovery for mold damage.  Some companies offer additional mold coverage for an additional premium.  There are companies that write a stand-alone mold policy.  The key is to prevent mold.
    Answered on May 20, 2014
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