In most cases, mold damage claims are only covered when it’s a result from a covered peril, such as a sudden plumbing leak, fire control, storm or other cause covered by your property insurance policy. In relation to insurance coverage, mold can be a complex and tricky issue. Most insurance policies include a mold exclusion or limitation, meaning it may not be covered or only covered under a very specific set of circumstances. These types of claims need to be handled and appropriated correctly.
Concerns are increasing due to public awareness and scientific knowledge about mold and its health related hazards. The clean-up, removal, and remediation techniques can be costly and hazardous to the personnel completing them. Recently, insurance carriers are removing such coverage from their policy forms regardless if it results from a covered peril. In some instances, insurance companies offer limited coverage for mold/fungus for an additional premium. What does your policy include?
For these reasons, it is critical that you hire an experienced and knowledgeable public adjuster for mold damages. A Mark Ryan Claims public adjuster will promptly inspect your property and investigate the origin of the mold. If the mold is a result of water damage or a covered peril, a protocol report may be ordered from an Indoor Environmental Professional (IEP) to establish the right course of action for removal. This helps document the right course of action so all your damages associated can be access and presented to your insurance company.
If you discover mold at your property, or suspect there may be mold, call Mark Ryan Claims Adjusting and get a professional public adjuster to represent you. We can help!