If you are a homeowner and have a mold problem in your house don’t just conclude that your homeowner’s policy is going to cater for it. The painful truth is, it probably will not include coverage for mold. Most insurers have carefully removed mold from their normal policies.

If, by chance you are covered, the cause of the mold is going to play a strong role in your eligibility. You might have to prove that your mold was a direct consequence of an issue that is included in your homeowner’s insurance policy. For instance, if your roof was to become damaged and that made water to get into your house and eventually gave rise to mold then this would be accepted as a “listed peril.” On the other hand, if the mold just grew with time then, no, it would not be covered by your insurance policy.

Many homeowner policies are replete with exclusions. A good look at the fine print will reveal various clauses for wear and tear, deterioration, and so on. Take you time to read through your exclusions page very well. Here is where you will usually discover that mold is smartly excluded.

There are certain states that are more susceptible mold due to their climate type. The challenge for insurance companies is that the mold is so difficult and costly to deal with. Many times the insurance provider thinks that the customer is at fault when there is a claim that involves mold. Unfortunately, the burden of proof will always be with the consumer.

There are several riders that can be bought that may offer this extra coverage but they are normally quite expensive. Several years ago there were many lawsuits that were brought forth from home owners that were NOT satisfied with how their mold issues where handled. This made insurance companies to explain their stand and they decided that dealing with mold was falls under home maintenance.

The best recommendation for home owners is to inspect their home for mold and to have it treated immediately if it is discovered. Mold grows very quickly and can easily spread out of control. Mold also poses several health risks as well.

Have a talk with your insurance agent if you are concerned with mold and learn the options available. Then decide if it is worth the cost of the added coverage in the event that you do discover mold.

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