Does my insurance cover mold?

11/12/2017 (Permalink)

Well, it depends on the insurance company.

Here in Bloomington, MN and in most states homeowners have insurance to cover damages caused by water and fire. However, when it comes to mold there is a little bit of a grey area.

Mold is considered a "secondary damage" to the insurance company, or a problem caused by the first damage, i.e., a broken pipe. Mold takes about 24-48 hours to grow after the water loss has occurred. The key is to have the broken pipe or cause of the water loss mitigated before the mold starts to grow.

Some insurance companies do not cover mold damage at all. If you need mold cleanup it will come out of your pocket. Some insurance companies have minimal mold coverage and is usually capped at $5,000.

But if you don't want to worry about mold coverage just make a call to your local water restoration company. Their quick mitigation response will keep the mold from being a problem in the first place.