Will homeowners insurance cover mold?

NOTE: Coverage varies by policy, so it is very important to review your specific policy.

Mold coverage depends on the terms of your specific policy and how the mold developed. In some cases, mold is covered by your insurance only when it's caused by a sudden, accidental event that is listed as a covered peril. Mold that shows to have been caused by long-term moisture, maintenance issues, or preventable conditions is usually not covered.

Here are some examples of when mold may be covered:

• A burst pipe causes sudden water damage
• An appliance unexpectedly fails and leaks
• Water is used to extinguish a fire
• A storm causes roof damage that allows water inside and the storm is a covered peril

Here are some examples of when it most likely is NOT covered: 

• Moisture or humidity builds up over time
• Leaks are ongoing or not repaired
• Ventilation is inadequate
• Flooding causes mold, and no flood policy is in place

Some quick mold prevention tips:

• Repair leaks as soon as they are discovered
• Use exhaust fans or dehumidifiers in high moisture areas
• Maintain plumbing and appliances regularly
• Keep gutters clear to prevent water intrusion

Because mold coverage limits and exclusions vary widely, reviewing your policy details is essential before assuming coverage. If you have a Bamboo policy, feel free to reach out to us at (833) 922-6266 to ask about mold coverage on your policy.