House Mold Damage – Is It Covered by Homeowners Insurance?

Mold isn’t just ugly and unsightly – it’s also unhealthy.

The worst part about this is that any damage resulting from mold very rarely, if at all, is covered by your homeowners insurance policy, which is a huge problem.

The purpose of any insurance is to protect your investments. In the case of homeowners insurance, it is protecting your home. The problem here is that, while your house might be protected from disaster, mold is a silent creeper that’s just waiting to damage your house and cause its value to come crashing down.

So, what can you do about it?

1.    Get a separate flood insurance policy

What does flood have to do with mold? Well, for starters, everything.

Flood are one of the main reasons why house mold damage happens, and the worst part is, it’s quite unpredictable. Even though it’s a no-brainer to take out a separate flood insurance policy if you live in a designated flood zone, it’s even more practical to take one out if you don’t live in one. Why? Because it’ll be cheap, and when the time comes that you’re going to need it, you’re going to have to spend your own money to repair any damage caused by mold resulting from floods.

2.    Make sure that your house is well maintained

Even if you take out a separate flood insurance policy to cover mold damage resulting from floods, it still doesn’t cover your house from any damage resulting from maintenance, or the lack thereof.

Maintenance issues are no joke, especially when it comes to mold.

This is why you have to stay on top of your home’s maintenance. This includes making sure that there are no dripping pipes, or faulty appliances that are leaking, as well as overflowing sinks that can cause flooding or water damage that eventually leads to mold growth anywhere around your house.

Investing in mold-resistant drywall is also a good idea, both in areas that get wet all of the time and areas that typically don’t.

3.    Have the mold removed as soon as possible

Minor mold damage is easy to fix. You can even fix it on your own, but that’s not something we recommend on the account that you could end up making the problem worse by spreading mold into other areas of your home, or getting sick from being exposed to the mold without proper gear on.

Thankfully, mold removal services don’t really cost as much as you think, especially if the damage is minimal.

If you’re planning on selling your house anytime soon, then it might be a good idea to call in the professionals to check for molds anyway, and if they see it, have mold removed and any damages repaired to prevent things from getting worse than they currently are.

You might not think that your house has mold, but it probably has.

Areas like crawl spaces, air ducts, attics, and the gap between walls are notorious for mold growth and the only way to know if there’s mold there is if you have them checked and have the mold removed if it’s found.

Selling a House With Mold Damage – Is It Possible?

Mold damage won’t just cause structural damage, it’s dangerous to your health.

Infants, toddlers, and children alike, as well as the elderly and those with respiratory issues, plus pregnant women, are susceptible to health problems caused by mold exposure.

Left alone, mold can cause a lot of health complications. Even worse, the effects of mold can last for months if not years, especially if you let the problem foster and don’t fix it right away.

This is why it’s always a good idea to get rid of mold as soon as it appears, or better yet, prevent mold from ever growing in the first place.

If you’re wondering and asking yourself, “can I sell my house with mold damage?”, then the answer is, you can. The only question is, for how much and how hard it will be. Because, if you plan on selling your house through the traditional process, then you will have to spend a lot of money fixing a lot of things before your house gets sold while waiting for months on end – and that’s if it sells anyway.

Thankfully, there is another option.

If you want to sell your home that has mold damage and don’t want to deal with insurance claims (if you have a claim), or don’t want to clean the mold up, you can always contact Cash Buyer New Jersey.

We buy houses NJ for cash at Cash Buyer New Jersey, regardless of the condition. All you need to do is to let us know what condition your property is in and we’ll give you a fair offer right there and then. If we come to terms, the deal is closed in a month’s time and you’ll be free to NOT worry about how you’re going to get rid mold from the house that you no longer own.

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04:22 07 Apr 22
Ken was such a joy to work with! I stayed at a property he renovated and my stay was phenomenal! He truly cares for his... tenants and the people he does business with. He is honest and fair. He was very speedy with repairs and ensured that my stay was very nice and comfortable. He communicated extremely well and was very professional throughout every encounter. I would absolutely recommend going to Ken for any rentals/purchases Going to the New Jersey area. Thank you Ken for everything!!read more
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21:00 21 Mar 22
Very professional and willing to work with you. Ken and his team were so dedicated, even after the deal. It was a... pleasure working with this group. I was not an easy client and yet their cooperation and willingness to help me was incredible. Thank you!read more
Soufyane Bourass
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15:58 07 Mar 22
I had a great stay at Ken's rental apartment. He was responsive when the heat broke and fixed it within 24 hours. He... made sure the apartment stayed warm and provided space heaters. I highly recommend him. Thank you Ken!read more
17:11 01 Nov 21
Ken from Cash Buyer NJ was a pleasure to deal with. I filled in and sent the online questionnaire, Ken called me ten... minutes later, we made an appointment and two hours later he was at my house. Ken did his due diligence and in two days we agreed on the price. The sale was as is so I only moved what I wanted and left the rest. The closing was completed on time. Ken is honest, and a gentleman who you can take at his word. The whole deal couldn't have gone smoother!read more
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Estefania Castaneda
17:24 04 Sep 21
Extremely pleasant, attentive to all my needs always. It was a pleasure renting an apartment from Ken.
Vichai Soysouvanh
Vichai Soysouvanh
14:17 03 Sep 21
Can't say enough about Ken and his team. This was the most seamless sale I made. I didn't have to deal with all the... nonsense that comes with selling your home. They bought my house as is, I didn't have to declutter and pay a broker commission. All in all great experience, will do business more
Niki Keser
Niki Keser
17:46 06 Aug 21
I had a wonderful experience renting one of their properties for 7 months. The apartment was beautifully remodeled and... Ken and his team were always responsive to any needs. I would recommend to anyone looking to sell or more
15:13 02 Aug 21
Ken and his team were professionals ,they promised and they delivered or anything
Alfredo Garcia
Alfredo Garcia
03:20 17 Jun 21
Selling my property too Ken was the best thing I did. Although I was skeptical at first I soon found out how... professional he was. Even though my closing contract was not standard because of the pendemic situation. He followed through on time with all the contract terms as promised. Thank you Ken for your professionalism.Alfredo Gread more
Vishrut Patel
Vishrut Patel
23:27 19 May 21
Ken was referred to us by someone who had sold their home thru Ken last year. From the first meeting to the last... transaction, Ken and his team were professional, efficient, easy to work with, and above all.... caring. Each seller's situation is different, and Ken truly understands that. We were treated with respect each time.Since we were in a time crunch situation, selling our home with a cash offer from Ken was the best decision we could have made. We were perfectly okay with getting slightly less money for our home as compared to selling it via an agent. But if you consider the money saved on agent commissions (both buyers and sellers), closing costs, repair costs, attorney fees, and most important of all... time and headache, you can't beat the option to sell your home with a guaranteed cash offer from a reputable buyer like Ken.My wife and I were very pleased with our experience with Ken. If you are in the market to sell your home fast for a cash offer, I highly recommend giving Ken a call!Best of luck!Vishread more
Christopher Martino
Christopher Martino
14:19 10 Mar 21
Ken and his team were great. They were easy to work with, professional, and responsive. If you are thinking of selling... your home they offer a super easy more
Chelsea Grant
Chelsea Grant
15:36 03 Jan 21
I am a travel nurse and stayed in a town home for 3 months... It was exactly as described and any issue that came about... was handled within a few hours - I would definitely recommend and I would definitely stay again!read more
Aaron Zachko
Aaron Zachko
12:41 14 Aug 20
Amazing experience! Ken was upfront, quick and got the deal done in no time. Having done a number of real estate... transactions this was by far the easiest and smoothest. I would unconditionally recommend him to anyone looking for an easy, quick and fair more
Joseph Tricarico
Joseph Tricarico
19:10 26 Mar 20
Ken is a very professional individual from start to finish. As promised, he gave me a fair deal on my one of my... properties that was in rough shape. He was knowledgeable and responsive to my requests and as promised we didn't need to waste time with inspections and appraisals and we closed quickly. He made it painless as possible by having his crew handle the clean up. This was truly a quick and easy process but a professional individual. Thanks Ken!read more
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