Mold Insurance Claims: What You Need to Know
Mold growth in homes can cause significant damage to the property, lead to health problems, and
reduce the value of the property. Homeowners’ insurance policies typically cover damage from
water leaks or flooding, which can lead to mold growth. However, not all mold damage is
covered, and filing mold insurance claims can be a complex process. In this blog, we’ll discuss
all you need to know when filing an insurance claim for mold damage.
Mold Insurance Claims as a Homeowner and as a Business Owner
The process of filing a mold insurance claim can vary slightly depending on whether you are a
homeowner or a business owner.
For homeowners, filing a claim typically involves contacting your insurance company as soon as
possible after discovering mold damage. You will need to provide documentation of the damage,
such as photos and videos, as well as a detailed description of the cause of the mold growth. An
adjuster will then be assigned to assess the damage and determine coverage under your policy.
For businesses, filing a claim can be more complicated. Business insurance policies can vary
widely for mold damage, and it’s important to review your policy carefully to understand what is
covered. In addition, businesses may need to provide more detailed documentation, such as
financial records and inventory lists, to support their claim.
In both cases, it’s important to work closely with the insurance adjuster and any mold
remediation professionals. Doing so ensures that the claim is processed efficiently and that the
damage is properly addressed. As a property owner, you’ll want to due your due diligence to see
the process through. This means getting multiple estimates from mold remediation companies
and coordinating with contractors to repair any damage.
Overall, while the process of filing a mold insurance claim may have some differences for
homeowners and businesses, the key steps are the same. Regardless of your situation, you should
document the damage, understand your policy, and work with professionals to remediate the