mold damage, home insurance and mold coverage

Does Home Insurance Cover Mold Damages?

What does your home policy do when it comes to mold?

Mold damage is one of the most common issues that homeowners face.  Naturally, many homeowners want to know if their insurance will cover mold repair and remediation efforts.  Fortunately, homeowners insurance in Plano, Texas, typically offers some coverage for mold.  Here’s what you need to know about your home policy and mold damage on your property.

  • What does home insurance cover?

First things first, it’s important to remember that every home insurance policy is different.  To find out exactly what your policy covers, you need to review your policy and speak to your insurer.  That being said, most standard homeowners insurance policies will offer some coverage for mold remediation and repair.

  • Are their coverage exclusions?

There are some caveats to this coverage.  For instance, some policies will only offer coverage for mold damage if the mold is a result of a covered peril.  Additionally, your insurance will likely not offer coverage for the mold that develops as a result of your negligence.  Finally, your policy will not offer coverage for the mold that that was already in your home before you purchased the policy.

Are you interested in learning more about your homeowners insurance in Plano, Texas?  If so, then contact the experts at Tri-Star Insurance/HUB International.  We are ready to assist you with all your home insurance needs today.