Will My Insurance Cover My Mold Treatment?

Will Your Insurance Cover Mold Extermination?

Will Your Insurance Cover Mold Extermination?

One question that homeowners often ask is whether their insurance will cover mold treatment for their house. There is no one answer to this question, and the situation varies depending upon the insurance company and its policies regarding mold treatment. As a homeowner, you should make it a point to discuss this directly with your company at the earliest time possible, instead of waiting for the mold to develop first. Mold removal is an expensive process, and it is better to know what your payment options are before opting for a treatment.

Here are some of the factors that insurance companies take into account with regard to mold treatment coverage:

1. Causes

This can include water damage from a flood, following a fire, or from a leaky roof that is responsible for the conditions that encourage mold and fungus growth.

2. Cost

Ask mold removal experts for a free appraisal and a rough estimate of the cost for its removal and prevention for recurrence. The insurance company will take the estimated cost into account when determining whether or not they will pay for it.

3. Seriousness of the Situation

Some companies have a minimum threshold for mold and fungus growth that needs to be exceeded in order to qualify for removal. Consult with your insurance agent as well as the mold experts to determine whether the mold growth is profuse enough to warrant a removal treatment at the insurance company’s expense.

Call on us for all your NJ, Long Island and NYC Mold Remediation Services, and you will be guaranteed the finest treatment at the hands of industry experts and at the most reasonable prices.