Does Rental Insurance Cover Mold Damage?
When you live in a rental property in Bountiful, UT, problems such as mold damage become a little more complicated to address. The good news is that the more correct information you have, the easier it is to work through mold issues.
What Should You Expect From Your Insurance?
Start by determining whether your rental insurance covers mold removal and cleanup. The best way to get accurate facts is to speak directly with your insurance provider. However, there tend to be similarities in most cases:
- You'll probably have coverage if the cause was a peril named in your policy.
- If the cause was outside of your personal property, such as external flooding, you probably won't have coverage.
- If the insurance agency can show that damage was the result of negligence, the damage probably won't be covered.
The good news is that insurance companies would rather that you didn't have to worry about risks, such as mold, and are a good source of tips for maintaining property, even when you're renting.
How Much Coverage Should You Expect?
You should also ask your rental insurance agent about limits that might apply to mold claims. Most of the time, policies lay out a cap that probably won't cover a serious amount of damage. With this in mind, it's always best to address mold problems as soon as you suspect they exist. This is because it is much less expensive to recover from a small area of mold than it is to recover from widespread mold that has caused the deterioration of your furnishings.
What If the Property Is Already Insured?
You can usually expect property owners to carry insurance for the building where you're renting. However, it's vitally important that you have rental insurance that covers damage to your own belongings. It's also a very good idea to find out whether your insurance will cover the work of mold damage cleanup and recovery professionals.