Does Flood Insurance Cover Mold?

For anyone who owns a house, most of them know flood insurance is a separate part of your ordinary home insurance policy. It sometimes gets confusing trying to figure out what’s covered and what’s not. At Allied Brokers Insurance Agency Inc. we help our Palo Alto, CA clients understand exactly what their policy covers.

Understanding Flood Insurance 

This type of coverage becomes necessary for anyone living in areas prone to flooding or extreme weather events. Most people don’t realize that even one inch of water can cause significant damage to your home. You can see the need to purchase a flood insurance policy if you’re in a prone area.

Mold Damage And Flood Insurance

One of the most common questions asked when it comes to flood insurance is whether or not it covers mold damage inside the home. It can depend on the situation. For example, if there was an unexpected storm and your home was flooded as a result, causing mold growth, then flood insurance would typically cover the cost of remediation. However, if there are pre-existing conditions that lead to mold damage, such as poor ventilation or plumbing issues, most policies wouldn’t provide coverage. One important aspect to note is taking immediate action should you have water inside your home from a flood. Homeowners should take steps to prevent mold immediately, if possible, to prevent further damage as necessary.

Understand Your Flood Insurance Policy In Palo Alto, CA

At Allied Brokers Insurance Agency Inc., we make it easy to answer any questions you have about flood insurance and much more. Let us help you get started with a free quote, and we’ll be glad to help in any way we can.