Residential mold insurance claim
Mold, a type of fungi is nature’s way of recycling. As a matter of fact, mold simply works as a benefit by breaking down dead materials. It is dangerous to our homes and overall health. For instance, by producing tiny spores that become airborne, mold can spread throughout a home within 2-4 days of a wetting occurrence. In order to continue to grow, mold colonies simply need three things, moisture, oxygen and material. When dealing with a mold insurance claim, property damage of items such as wall materials (drywall), wood framing, baseboards, flooring, insulation, air ducts & HVAC systems and other interior finishes are some of the many concerns one should have.
Moreover, measuring high moisture levels is important in properly identifying mold. Removing unsalvageable materials, containment, mold remediation, & post- remediation repairs may create larger obstacles to the simple apparent cosmetic damage to finishes that an insurance company’s adjuster may just consider.
Due to personal property damage to cloths, furniture, electronics, and items of sentimental value, property owners are faced with the delicate and emotional toll that the damage to can take on one whose house has been overtaken by mold growth and infestation. Displacement of one’s home in many cases is the biggest loss to someone dealing with a mold claim. Navigating and understanding the process of a mold insurance claim may be overwhelming. For this reason, the assistance of an experience and qualified public adjuster can prove to be essential to the policyholder.
Common symptoms of mold in your home
- Allergies, asthma attacks and other respiratory issues.
- Itchy & watery eyes
- Exposure to toxic substances produced by some mold cultures.
- Dizziness & fatigue
- Difficulty focusing
- Itchy and dry skin
Areas where mold may be present:
- Drywall (plaster walls are more resistant to mold growth)
- Carpets & carpet pads
- Wood framing
- Wall paper & other wall coverings
Tips for residential policyholders during a mold insurance claim
- Ensure the safety of yourself and other occupants
- Always wear PPE (personal protective equipment) goggles & N100 respirators
- Take initial photos and a list of damaged property (Interior & Exterior of building)
- Locate your property insurance policy (hardcopy & PDF if possible)
- Immediately take steps to prevent further damage
- Contact Floridian International Adjusters for a FREE CONSULTATION!
- Provide prompt notice of loss to your insurance company
- Develop a plan and claim management strategy with your public adjuster
Does my insurance cover mold?
In many states mold coverage can be purchased as an endorsement, however, we have found policies in other states that include mold insurance claim exclusions in their policies. Mold coverage is typically provided with limitations of coverage within or in addition to dwelling coverage. For example, a mold limit of $10,000 or $50,000. Some policies also have mold aggregate limits. Presenting a mold isnurance claim to an insurance carrier requires careful analysis and interpretation of the insurance policy. A clear understanding of the cause of the mold growth should also be determined.
Management strategies for mold insurance claim
Mold insurance claims can vary in many ways. When consulting with your public adjuster, a plan should be developed with the following questions.
- What is the cause of the mold?
- What is the extent and scope of damages to my property?
- What is the initial proposed cost to remediate my mold?
- What materials and areas need to be removed?
- Does any of my property damage need to be brought up to code?
- Do you have an estimated timeline for the period of repairs and restoration?
- What are benefits under the insurance policy contract?
- What are my duties and conditions under the insurance policy?
- How long will it take to receive any payment for my claim?
- Should I make arrangements for temporary living?
- Do I have damage to personal property such as clothing and furniture?
- How do I keep my tenant?
- Do I have coverage for “Loss of Use” or “Additional Living Expenses”?
- How long can my claim settlement take?
Our public adjusters service the following areas
Floridian International Adjusters continues to expand into several regions of the US and abroad. Currently, our licensed adjusters can assist property owners with damage in the following locations:
|South Carolina||North Carolina|
Property loss consultants working for you!
Founded in a region known for it’s high risk of natural disasters such as tropical storms, hurricanes, floods, fires and other catastrophes. Floridian International Adjusters has become a known advocate for policyholders who have incurred the consequence of property damage to their homes and businesses. Our licensed public adjusters have represented and settled thousands of property insurance claims on behalf of property owners. FIA’s trained staff and adjusters come from many diverse backgrounds such as customer relations, architecture, emergency restoration, marketing, business administration and even from inside the insurance carrier side of the property insurance industry. The combination of these various disciplines gives the firm a competitive edge in excelling the practice of public insurance adjusting, property loss consulting and loss appraisal.
Floridian International Adjusters core principles center on the needs of our clients. Our careful representation and insurance claim management strategies provide your property loss claim with an opportunity to maximize the benefits of your insurance policy coverage in an efficient and pro-active manner. Understanding the nature of identifying damage and properly appraising the value of your claim is our specialty.