Understanding your coverage for Mold in IL

5/9/2018 (Permalink)

Mold growing behind a bookcase.

Before purchasing a homeowners insurance policy, you might want to read it thoroughly.  Most insurance policies do not cover mold, but why?  

General maintenance is a big issue when discussing mold coverage.  In the eyes of the insurance company, small leaks and keeping the humidity down can prevent many mold scenarios.  It is the responsibility of the homeowner to make these repairs, to avoid any mold growth and prevent claims.  

Floods are typically not covered by your homeowners policy as well, and generally speaking, if the water is not cleaned up in a timely manner, mold can develop, which can worsen the issue.  Unless you have additional coverage for flooding, you are responsible for the repairs. 

Accidental water losses are typically covered by your policy, however, if left untreated, mold can develop which can cause issues with your claim.  It is crucial that you respond to accidental water damages quickly, to avoid having the mold discussion with your insurance company.

If you have any questions about mold and the process of treating it, give the professionals at SERVPRO of Northbrook/Wheeling/Glencoe a call day or night at (847)498-8889.