Does Your Insurance Policy Cover Mold in Your Home?
Thursday August 21, 2008
Probably not. And unfortunately, it can be devastating to many people who have no idea the mold is growing until it is an out of control and costly problem.
Why are insurance companies refusing to pay? One reason insurance companies will not cover mold is because it grows little by little and therefore should be taken care of as a part of the regular maintenance for a home.
If you feel this policy is unfair, you can get involved and contact your state insurance commissioner.
Would the Mold issue be covered if the house was bought and then discovered afterwards? In other words pre-existing. This was due to house sitting empty for 2 years before being bought.