national environmental training institute

Does Homeowners Insurance Cover Mold Damage?

It is important for both homeowners and mold inspectors to know how insurance companies handle mold damage. Homeowners need to know because they make the payments, and mold inspectors need to because they receive the payments. How does homeowners’ insurance interact with mold damage?

Homeowners Insurance and Mold Damage

Most homeowners’ insurance policies do not cover mold damage. Insurance companies will cover mold damage if it is the result of a covered peril. Examples of a covered peril are storm or water damage. A mold problem can also be covered if the homeowners’ insurance quote includes an endorsement about mold damage.

 

What Are Covered Perils?

A covered peril refers to regular situations that insurance companies cover.  An example of this is flood insurance. Insurance companies offer flood insurance because it can happen and does happen.

Mold removal may be considered a covered loss by an insurance company if mold growth is the result of the covered peril. So, if a home is damaged by a flood and mold grows inside the home, the cost of mold cleanup could potentially be covered as part of the flood damage. To know for sure if mold damage will be covered, it is best to check the insurance policy or speak with an insurance agent.

 

What is an Added Endorsement?

It is also a possibility to add what is called an endorsement to a regular homeowners’ insurance policy. An endorsement that covers mold damage will cost extra upfront but could be beneficial when facing the cost of remediating mold later on.

 

Simple Ways to Restrict Mold Growth

Mold spores cannot be prevented, so the next best option is to restrict their growth. To do this, there are some precautions every homeowner can take.

1.   Indoor Air Quality

Keep out humidity and make sure air ducts and filters are clean and free of moisture.

2.   Mold Cleanup

If mold is growing anywhere, clean up the mold immediately. The CDC offers advice on which chemicals and tools to use with mold damage.

3.   Home Inspection

Make it a regular routine to look at crawl spaces, basement storage, attics, and other areas of the home where mold can spread rapidly. Often, these are areas that get little use, so noticing mold growth will take effort.

 

Become a Mold Assessor

If you want to learn more about insurance claims on mold damage, consider becoming a certified mold assessor.  By taking the proper classes and tests, you can become knowledgeable in the field of mold. Certified mold assessors can then help homeowners create healthy living environments.

If you aren’t sure how to go about taking classes or the licensing examination, call us today. The National Environmental Training Institute (NETI) is a state-certified training company offering Mold Remediator and Mold Assessor training. NETI also offers continuing education units (CEU’s), certification, and licensing.

Share this blog post!

Featured Blogs

  • All
  • Blog
  • News
Blog

Questions To Ask Homeowners With Mold Issues

Dive into the six crucial questions Mold specialists should ask homeowners before taking on a job. From understanding the root cause to exploring effective remediation ...
Read More →
Blog

Compare Black Mold and Other Common Household Molds: Critical Differences

When it comes to mold in your client’s home, not all varieties are created equal. Imagine two molds: one, a mere nuisance, the other, a ...
Read More →
Blog

What is a Mold Remediation Protocol?

We’re diving deep into the world of Mold Remediation Protocols. You’re about to discover how this protocol isn’t just a set of guidelines; it’s your ...
Read More →
Blog

Converting Mold Testing Leads Into Mold Removal Jobs

Mold. Just the word alone can send shivers down a homeowner’s spine. It’s a problem that’s as persistent as it is pesky. But for you, ...
Read More →
Blog

Florida State Mold Laws: Why Staying Educated is Your Best Defense

Welcome to the ever-changing, always-challenging world of mold remediation! Understanding Florida’s mold laws is like holding the keys to a treasure chest of opportunities, credibility, ...
Read More →
Blog

10 Marketing Tips for Contractors

As a contractor, marketing your services effectively is crucial for your business growth. These tips will help you reach your target audience and scale your ...
Read More →
Blog

Category 2 Water Damage – What is it?

Water damage is like that uninvited guest who shows up at your party and refuses to leave. And Category 2 Water Damage? That’s the guest ...
Read More →
Blog

5 Benefits of Continuing Education for Career Advancement: A Perspective from an Environmental Training Institute

In an ever-evolving business landscape, staying competitive isn’t just about working hard; it’s about working smart. The key to success lies in continuous learning and ...
Read More →
April 2023 Blog
Blog

How to Improve Your Word-of-Mouth Marketing as a Contractor

For mold assessors and remediators, beyond being trained, certified, and licensed, a big part of growing your business is your reputation. You might not associate ...
Read More →