Project Description

Mold Damage

Understanding Mold Damage

For decades mold damage claims were covered under most property insurance policies when it resulted from a covered peril, such as storm, plumbing leaks, overflow or other cause covered by your property insurance policy. But concerns have increased due to public awareness about mold and its health related hazards. The cleanup and remediation techniques are costly and hazardous to the personnel cleaning the damaged area. In response to public concerns, insurance companies are removing such coverage from their policies regardless if it results from a covered peril. Some insurance companies will offer limited coverage for mold/fungus for an additional premium. Be aware, insurance company representatives often quote the policy exclusion for mold even when coverage may exist for your mold damage. Home Damage Adjustment can assess your mold damage and advise you on the necessary course of action.

Understanding Mold Damage and Mold Contamination Claims

Molds develop in areas with high humidity levels, usually in the darker parts of your home or commercial property. Molds are types of fungi that can be found almost everywhere like on plants, ceiling tiles, foods, woods, furniture or soil – and the microscopic ‘spores’ that they produce are spread through the air. The one thing that’s critical to their survival is moisture; they need moisture to grow.

How can you tell if there’s mold in your home

    • There is visible cottony, leathery or staining growth on the surface of your furniture, walls, ceilings, woods, etc.
    • There is a noticeable mold odor (usually you’ll smell an earthy odor which can be a sign that there are molds present)
    • If allergy ­sensitive individuals show symptoms of irritation, their allergies triggered

Thus, in the unfortunate event of a plumbing leak, storm surge, overflow from tubs, flooding, broken water pipes or any peril that will cause water to infiltrate your home or property – expect molds to develop especially in hard­to­reach areas and the parts you weren’t able to dry. Mold can start developing in 24 hour in certain conditions. Mold contamination claims can involve a lot of money, and will often involve a lot of work – not only on your end, but also on the part of your insurance carrier.

More about molds, associated health risks and remediation efforts

Molds in your home or in a commercial property pose health risks. So the right containment procedure and treatment should be made to stop molds from spreading. The presence of molds might trigger allergic reactions in sensitive people because of the spores these molds produce which pollute the air. Those with severe allergies to molds will have serious reactions, as shortness of breath and sometimes hay­fever-like symptoms. Molds can also trigger asthma attacks – and among the many other common complaints include: nosebleeds, nasal congestion, reddened eyes, headaches, sinus irritation, skin rashes, watery eyes, etc.

Properly addressing mold damage and mold contamination claims are steps you should be taking. Being able to effectively dry and treat the affected areas and materials are therefore necessary – and being able to control the humidity level is key. These are things a qualified contractor can do for you. After mold treatment or remediation is completed, an air clearance testing will need to be conducted to make sure the mold issue has been addressed successfully.

The problem of mold damage and mold contamination claims

Many cases have been reported where mold damage claims were denied. So with mold damage and mold contamination claims, don’t shoulder all the burden yourself. Filing a mold damage claim may seem simple enough until the insurance company adjuster starts telling you all the things that are needed on your end, or worse, that your claim has been denied.

Our mold damage public adjusters at Home Damage Adjustment will be able to determine if your mold damage claim is covered and summit all the necessary paperwork required by the insurance company. Did you know that having a competent licensed public adjuster representing you can make a big difference in the amount of settlement you receive? Yes – statistics show that the average settlement is 574% more payout on regular everyday claims, and an increase of 747% on catastrophic claims, according to the Office of Program Policy Analysis and Government Accountability.

What our mold damage public adjuster will do for you

When incurring mold damage and mold contamination, our mold damage public adjusters at Home Damage Adjustment are always ready to help. We represent you when dealing with your insurance company so you don’t have too. Our team will work hard so you can receive the maximum settlement you will need to get your property back to it pre–loss condition.

Get the maximum settlement you deserve

Home Damage Adjustment helps you navigate the gray areas when filing your claim. Many property owners admit how intimidating it is to interpret the fine print of their insurance policy. One of our mold damage public adjuster will be assigned to your case and will explain to you in clear terms if and how you should proceed. We will work hard to get you the maximum settlement you deserve in this complex recovery process.

Remember, no amount of damage is too small for us to come out and give you a free home inspection. Especially if you think it’s not worth it because of your deductible amount. Let one of our experienced public insurance adjusters help you with that decision.