Does Home Insurance Cover Mold Damage?

| February 28, 2019

article image
What does homeowners insurance cover when it comes to mold? Unfortunately, mold is a common issue that many homeowners face.  To make matter worse, mold growth can create unsafe living conditions and result in serious damage to your home. Luckily, many homeowners insurance policies offer coverage for mold damage.  Here’s what you need to know when it comes to mold in your home and your insurance coverage. Coverage for Mold Damage. First things first, it’s important to remember that every home insurance policy is different.  To find out exactly what your policy covers, you need to review your policy and speak to your insurer.  Most standard homeowners insurance policies will offer coverage for mold remediation and repair.

Spotlight

Squaremouth Inc

Squaremouth is an online company that compares travel insurance products from every major provider in the United States. Travelers are able to quote, compare and purchase travel insurance plans using Squaremouth’s comparison engine and over 70,000 customer reviews. All policies purchased through Squaremouth also come with a Zero Complaint Guarantee.

OTHER ARTICLES

Can AI Solve Health Insurance Fraud?

Article | February 18, 2020

Insurance fraud scams seem to make the news at least every month, as organized criminals seek to exploit the way insurers reimburse clinics, pharmacies and other providers for their services. What’s often shocking is how much money fraudsters can steal from insurers before they’re caught. Recently, in a single month, two separate alleged fraud rings based in California were busted for scams that investigators say netted $20 million or more.

Read More

Impact of Coronavirus on Life and Health Insurance Policies

Article | March 25, 2020

Coronavirus has caused 9 deaths in India so far, with confirmed cases to touch the 600 mark soon. As numbers increase rapidly, how can health and life insurance policies come to your aid if you or your family member is tested covid-19 positive? Earlier this month, the Insurance Regulatory and Development Authority of India (Irdai) had issued guidelines for health insurers asking to expedite coronavirus related claim settlement in the case of hospitalisation.

Read More

Is Your Small Business Protected by Cyber Insurance?

Article | March 6, 2020

The expenses resulting from a data breach can be staggering. A cyber insurance policy can help you recover without putting your business at financial risk. Cyber insurance can help small businesses recover from a data breach – but finding the right policy for your business can be challenging. These tips will help you find the right cyber insurance policy.

Read More

8 Types of Business Insurance Your Company Should Consider Having

Article | February 26, 2020

Financial losses from a product defect, data breach, serious illness or work-related automobile accident can force business owners to close their doors if they're not prepared. The cost of an unexpected event can be substantial. Hiscox quotes a 2014 study of small business owners, saying the average cost to defend and settle an employee lawsuit was $160,000. Employment litigation is just one type of risk your small business may face.

Read More

Spotlight

Squaremouth Inc

Squaremouth is an online company that compares travel insurance products from every major provider in the United States. Travelers are able to quote, compare and purchase travel insurance plans using Squaremouth’s comparison engine and over 70,000 customer reviews. All policies purchased through Squaremouth also come with a Zero Complaint Guarantee.

Events