MOLD DAMAGE CLAIMS
Of course, there are specific cases where the insurance companies will cover damage resulting from mold if the client pays an additional premium. Mold is a real and terrifying threat to many homes across the country today. Insurance companies used to downplay its seriousness to keep the public calm, but today, people are all-too-aware of the mold side effects. If your property is affected by mold, you should take immediate action to remedy the situation. Mold is capable of damaging your health, your property, and your infrastructure if left unchecked. Using some bleach and water is not going to do the trick. And, even if your insurer covers some forms of mold, there are always going to be loopholes that involve types of exclusion.
At FastClaimSettlement.com, we’re here to help you make sense of the mold infestation in your home and advise on what course of action you should take for remediation. When a property is affected by mold, professional testing is required to assess how much mold there really is. Then, a mold remediation protocol is created and submitted to a contractor that specializes in the remediation services. After that part of the testing is done, the air needs to be tested as well to see how dangerous the mold threat is. Mold spores can exist in the air, bringing the infestation back, even after you’ve paid to have it removed.
To help you through this mess, we’ll investigate the loss and advise you on how to properly document losses due to the mold infestations. Unlike the insurance companies, we don’t want to hang you out to dry. Our team can advise you on the proper course of action, and what kind of professionals you need to ensure the longevity of you and your home’s health.
Before the abundant information on mold damage, growth, and detrimental health side effects at our fingertips today, insurance companies used to happily cover mold damage if it was caused by catastrophe, which could be a sudden pipe burst, a costly storm, the result of a fire, or any other thing that insurance policies typically cover. Today, more scientific studies regarding mold and its side effects have become available to the public, resulting in more individuals being worried about its presence and growth in a home or apartment.
Consequently, since the demand for mold coverage has gone up, a large number of insurance companies have removed any coverage of mold damage from their insurance properties. The companies won’t even cover it if it results from a perilous problem, as described above. It’s not a good situation for property owners.