Does Home Insurance Cover Mold?

Homeownership comes with its fair share of responsibilities and concerns, and one of the common issues that homeowners may face is mold growth. Mold can be a persistent and potentially harmful problem, raising the question: Does home insurance cover mold? The coverage for mold damage varies among insurance policies, and it’s essential for homeowners to carefully review their insurance contracts to determine the extent of coverage.  

In general, standard home insurance policies typically cover sudden and accidental damage, such as those caused by a burst pipe or storm. However, mold growth that results from neglect or lack of maintenance may not be covered. 

Types of Mold Insurance Coverage 
The following are the two types of mold coverage: 

• Limited mold coverage—Some home insurance policies provide limited coverage for mold damage. This coverage may be capped at a specific dollar amount, and certain types of mold may not be covered. Homeowners should be aware of these limitations and assess whether the coverage meets their needs.
• Comprehensive mold coverage—In some cases, homeowners may opt for additional mold coverage as an endorsement or rider to their existing policy. This can offer more extensive protection against mold-related damages, including remediation costs and repairs. 

• Conduct regular inspections and maintenance to identify and address potential sources of moisture, such as leaks or water damage.
• Ensure proper ventilation in areas prone to moisture buildup, such as bathrooms, kitchens and basements.
• Act promptly in the event of water damage. Dry and clean affected areas thoroughly to prevent mold growth.
• Consider using mold-resistant materials in construction or renovation projects, especially in areas susceptible to mold. 

• Contact your insurance provider. Report the mold issue to your insurance provider as soon as possible. Understand your coverage and the steps required for filing a claim.
• Document the damage. Take photographs and document the extent of the mold damage. This documentation will be valuable when filing an insurance claim.
• Consult professionals. Seek the expertise of mold remediation professionals to assess and address the issue. Some insurance policies may require the use of certified professionals for remediation. 

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.