Quick Guide to Your Commercial Mold Coverage
Commercial Mold Coverage
Have you been smelling something musty in your Lemay, MO, commercial building? This off-putting odor could be a sign that you have mold growing somewhere in your space. It's often a good idea to hire a mold cleanup crew to remove this growth, but it may cost a lot upfront. Depending on the circumstances that brought about the growth, your commercial insurance may help pay for the cleanup. The exact coverage you have depends on your policy, but common covered circumstances include the following:
- Flooding from natural disasters
- Flooding from a burst water pipe
- Flooding from fire sprinklers
You can learn more about the potential coverage you have by reading this quick guide.
Cost of Testing
Mold damage isn't always noticeable. Sometimes you have to have your building tested to determine if there is really a problem. Some policies may help pay for this testing. Other times, you may want to do testing after the cleanup is finished to ensure all of the mold has been removed. This may also fall under the coverage of your policy.
Cost of Primary Damage
No matter what caused the flood waters, chances are the liquid caused some serious damage to your commercial space. Your commercial insurance should help pay for these damages. This includes the removal of damaged drywall, flooring or ceiling tiles and the replacement of these materials. Anything that was directly affected by the mold could be covered by insurance.
Cost of Secondary Damage
Sometimes your mold cleanup team may have to tear out some drywall to gain access to the problem area. The drywall itself was not affected by the mold, but it still had to be removed. This secondary type of damage may fall under the protection of your mold insurance.
Every commercial insurance policy is a little different. Many will help pay for mold cleanup, but you can learn more about your specific coverage by talking with your insurance provider.