There are hundreds of species of mold common to the United States. Small areas of visible mold that build up on moist areas in a home not only look bad but are also a health risk, the mold may cause allergy like symptoms and/or breathing difficulties.
Basic home insurance policies, generally limit coverage for mold or exclude it. It is very easy for mold to grow given suitable conditions in a home that doesn't show pride of ownership; mold claims became so excessive in prior years, the insurance industry chose to limit or exclude coverage rather than raise premium to address the growing claims.
Although the standard coverage will vary from State to State as well as vary between insurance carriers, it is important to view your specific insurance policy to find out if there is coverage for mold and what the limit is. In some cases, a carrier will actually allow an extended amount of coverage for an additional premium.
It is best to maintain a clean and moisture free structure to prevent the growth of mold. In homes with a basement, it is important to remove all moisture as quickly as possible following any leaks.
The Federal EPA recommends homeowners clean up any area affected by mold which is less than 10 square feet using bleach or a suitable product, any area larger than that should involve a professional.
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Basic home insurance policies, generally limit coverage for mold or exclude it. It is very easy for mold to grow given suitable conditions in a home that doesn't show pride of ownership; mold claims became so excessive in prior years, the insurance industry chose to limit or exclude coverage rather than raise premium to address the growing claims.
Although the standard coverage will vary from State to State as well as vary between insurance carriers, it is important to view your specific insurance policy to find out if there is coverage for mold and what the limit is. In some cases, a carrier will actually allow an extended amount of coverage for an additional premium.
It is best to maintain a clean and moisture free structure to prevent the growth of mold. In homes with a basement, it is important to remove all moisture as quickly as possible following any leaks.
The Federal EPA recommends homeowners clean up any area affected by mold which is less than 10 square feet using bleach or a suitable product, any area larger than that should involve a professional.