Mold damage claims are complex issues because insurance policies have various limitations when dealing with Mold. Certain insurance policies either limit the payments that can be made or exclude them altogether. The trained staff at Alconero and Associates Public Adjusters can fully investigate the cause and origin of the mold so that we may properly report it to your insurance company. It is important to act fast when evidence of Mold is seen in order to avoid any health risks.
Understanding Mold Damage
In the past, mold damage claims were covered under most property insurance when it resulted from a covered peril, such as a sudden plumbing leak, fire control, storm or other cause covered by your property insurance policy.
Concerns have increased due to public awareness and scientific knowledge about mold and its health related hazards. The clean-up, removal and remediation techniques are costly and hazardous to the personnel completing them. In response to the public concerns, insurance carriers are removing such coverage from their policy forms regardless if it results from a covered peril. In some instances, the insurance companies offer a limited coverage for mold/fungus for an additional premium.
Mold contamination should be taken very seriously as it can cause severe illness to some people and considerable damage to property. Before the changes to exclude mold coverage from policies the carrier quickly minimized the impact of mold often suggesting a little bleach as a solution.
Insurance company representatives often quote the policy exclusions for mold even when coverage may exist for your mold damage. Alconero and Associates Public Adjusters can assess your mold damage claim and advise the necessary course of action.
Mold damages often require testing to identify the remediation protocol for your specific type of mold damage. Once a protocol is prepared, a remediation contractor will follow this document when removing the damage from the building. Upon completion of the remediation, air clearance testing is needed to determine the success of the contractor’s efforts.
After first investigating the loss, your Alconero and Associates Public Adjusters representative will advise you on the most effective and accurate way to assess and document your mold loss including advice on whether the use of outside experts is warranted and necessary.