Mold is a term that most homeowners fear greatly, as it can lead to serious health effects and the process of mold remediation can prove both costly and time consuming. Mold thrives on moisture and will become out of control if persistent moisture is not detected or resolved. Moisture can result from many sources, including flooding, a leaky appliance or roof, or high humidity in your home. Whether mold is covered under your homeowners’ insurance policy will come down to the source of the mold.
At Greenberg, Stone, & Urbano, our homeowners’ insurance lawyers have assisted numerous clients with mold claims. We understand how costly mold damage can be and will evaluate your insurance policy to uncover whether you may be able to obtain compensation for this damage. Do not struggle with your mold related claim alone; we are here to assist you so that your home can be fully repaired.
Many Homeowners’ Insurance Policies Contain Mold Exclusions, But This Does Not Mean Your Claim Will be Automatically Denied
Many standard homeowners’ insurance policies will contain mold exclusions. However, there are certain types of mold that may not be excluded and all policies differ. Accordingly, it is imperative that you first check through your policy closely. If you are still unsure as to your coverage, call your insurance agent and contact a homeowners’ insurance attorney for more information.
In most cases, mold that arises due to a sudden accident that is covered under your policy will also be covered. For instance, if your pipe bursts and leads to mold, the cost of mold remediation will likely be covered because your claim is for a burst pipe and not the mold itself. Claims involving mold that will likely be denied include those based on long term exposure to high humidity or repeated water leaks that you fail to fully remedy.
Mold claims are often lumped with water damage claims due to their heavy relation to these damages. Due to a rash of mold claims back in the early 2000s, many homeowners’ insurance policies now limit coverage for mold remediation, at times placing a dollar figure limit of $1,000 to $2,000.
If your mold related claim has been denied, but your policy does not appear to exclude this claim and the mold stemmed from related covered water damage, it is time to consult with a licensed homeowners’ insurance attorney. Mold must be treated right away for the safety of your family and integrity of your home. Mold remediation can be quite costly and you should not be forced to bear this burden alone when you have complete homeowners’ insurance. If your policy is ambiguous on the issue, consult with an attorney as soon as possible.
Greenberg, Stone, & Urbano: Put Our Over 130 Collective Years of Experience to Work on Your Case!
If your homeowners’ insurance claim has been denied or if you need assistance filing your claim, contact the Miami Homeowners’ Insurance Attorneys at Greenberg, Stone & Urbano. We have over 130 collective years of experience representing homeowners against the insurance companies across South Florida. From the moment you contact our firm, we will fight to see that your case receives the care, dedication, and hard work it deserves. We are honored to have received a coveted AV rating from Martindale Hubbell and the Miami Herald’s ranking as a top firm in South Florida. Put our outstanding homeowners’ insurance lawyers to work on your case. Call us at (888) 499-9700 or (305) 595-2400 or you can visit our website to schedule your initial consultation.