Mold can be a major issue for both homeowners and businesses. For those unfortunate enough to be affected by mold, the task of dealing with it can often be difficult or expensive—but what about insurance? Can you get help from your insurer if you have mold damage in your home or business in Florida? Here's what you need to know.
The Basics
The short answer is yes, some insurance policies will cover mold damage in Florida. However, this isn't always the case and there are a few other factors that come into play as well. Specifically, how much coverage you'll get depends on the type of policy you have and what kind of damage was caused by the mold.
For example, most standard homeowner’s policies do not cover any damage that occurs due to mold growth except for limited water-related damage. This means that if the cause of the mold is a plumbing leak or flood, then your policy may cover some of the costs associated with removing and repairing any damages caused by the mold. In terms of businesses, most commercial property insurance policies provide coverage for mold up to a certain limit. However, this coverage only applies if it was caused by a covered peril like fire or water damage (for example).
