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Is Mold Damage Covered By My Homeowners Insurance?
August 30, 2018
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Unfortunately, there is no such thing as mold insurance. That being said, there are circumstances where mold damage is covered by homeowners insurance, for example, if a covered peril caused the mold problem in the first place.

Insurance Coverage

If a covered peril caused the mold problem, then your homeowner’s insurance will cover the repairs necessary to fix the damages. Perils that are covered by insurance usual include lightning, fire, theft, vandalism, damage caused by ice, snow or sleet, and some types of water damage.

Does Homeowners Insurance Cover Mold Remediation And Removal?

As mentioned above, homeowners insurance will cover mold remediation and removal if the company in question believes that the mold was caused by an event that is considered to be a covered peril. Sudden and accidental incidents which result in sudden mold growth are usually covered and your insurance company will pay for the removal of the mold.

Burst Water Heater Mold

Mold damage is covered by homeowners insurance if it is the result of one of the aforementioned perils. For example, if your home catches fire and mold develops after firefighters use water to put out the fire. Another example could be your water heater rupturing or the main pipe bursting in your home. You may also find that your water tank leaks in your attic and you only find out months later. In all these circumstances, your insurance policy should pay for the removal of the mold in your home.

Does Homeowners Insurance Cover Mold And Water Damage?

Water damage is one of the most common causes of mold growth in a home. That being said, not all water damage is covered by a homeowners insurance policy. Sudden and accidental water-related issues such as burst pipes, malfunctioning appliances, as well as water heaters and water tanks cracking should be covered by your policy. Be sure to read all the fine print before signing though. Standard policies do not normally cover mold caused by water damage if the problem is considered a maintenance problem. This means that if the problem has been ongoing or not dealt with in the right away, your policy will not cover the damage. You should also be able to add an optional rider to cover extra mold damage, although this can be very expensive depending on where you live.

Mold Flood

With so many mold-related claims taking place today, insurance companies are doing whatever they can to avoid covering these types of issues. With this in mind, be sure that your policy covers at least a minimum amount of damage caused by mold. Also, please be aware that many companies now exclude flood damage in their policies. This means that if a flood causes mold damage in your home, you will have to pay the price of the repairs. Each policy varies and some come with flood insurance which will cover your back if anything were to happen. You may also find that your homeowner’s insurance offers an option to add mold damage coverage to your policy.

Does Homeowners Insurance Cover Water Leaks, Mold In My Attic, And Mold In My Bathroom?

There is no simple answer to this question. The fact of the matter is, it completely depends on your individual circumstances. Your homeowners’ insurance will cover mold damage if the damage occurred from an accident that you reported right away. Take water leaks for example. If a pipe cracks or bursts in your home while you are at work and mold starts to form on the drywall by the time you get back, you’ll likely be covered. On the other hand, if you’ve had a leak in your kitchen for months and you now decide to fix it, you won’t be covered by your homeowners’ insurance if there is damage caused by mold growth.

Mold Under Sink Insurance

More often than not, mold damage in the attic is covered as water damage in this area of a home is common and can go unnoticed for months. For example, if you’re hit by a harsh winter with a lot of rain, snow, and ice, you may find that water leaks through your roof into your attic. In this case, your insurance will likely cover the damage. When it comes to mold in the bathroom, it depends if it’s due to a leak or poor ventilation. If there is no leak, your insurance company will most likely blame the problem on a lack of ventilation, thus leaving you to pick up the cost of the damages.

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