Discovered Mold in the Apartment: Will Rental Insurance Cover the Damages?
Will Rental Insurance Cover the Damages?
Mold can be an unnerving sight, especially when you find it in your apartment, and it has affected some of your belongings. Your mind is likely racing wondering if your rental insurance policy will cover the costs that are probably piling up in your brain. Fortunately, you might be covered depending on your peril coverage, and as far as those other costs racing through your head, you may not be responsible for anything else.
1. Peril Coverage
Most issues with mold damage coverage depend on the portion of your policy listed as peril coverage. For instance, a pipe burst may be a considered peril while a flood is not. Therefore, if the damage to your property occurred because of a leak or pipe break, then you may be covered under your policy.
2. Personal Property
Additionally, rental insurance will likely cover personal property damage as long as the damage was sustained during a covered peril. However, there are instances where the mold damage is the fault of a negligent owner, in which case your policy may not include the losses, but the owner's policy might.
3. Landlord’s Responsibility
Perhaps your mold problem has not affected your belongings but instead appears to be a plumbing issue. If there is a mold problem in your apartment, it still may be the responsibility of the owner. As a renter, you are not liable for plumbing inspections and structural issues. Therefore, the property owner's insurance should cover the cost of remediation or repair.
If you have a mold problem in your rental unit and don’t know who is responsible, you can call your insurer or a mold removal specialist in the North Salt Lake, UT, area. These professionals may be able to help you understand your responsibilities as a renter.
While finding mold in your apartment can be disheartening, your rental insurance may cover any damages to your personal property. However, if the mold growth and loss is a result of a more significant property issue, your landlord's policy may be liable.