Why You Should Add a Mold Endorsement to Your Pollution Liability Coverage

12/14/2020 (Permalink)

Mold damage in Cincinnati, OH

Mold is a nightmare for any property owner in Cincinnati, OH. A small infestation can quickly become a larger problem that necessitates mold remediation services. This could affect both your finances and your local reputation.
To mitigate the harm to your property and business, you need to address any mold damage as soon as possible. Mold insurance claims can help you pay for the cost of restoration. To ensure that your insurer covers mold cleanup, you should purchase an endorsement to your regular pollution liability policy.

How To Get a Mold Endorsement

Your pollution coverage helps pay for claims resulting from pollutants released by your property or a piece of equipment. You can purchase optional add-ons to this policy, as well. These enhancements could cover:

• Illicit abandonment
• Fungi
• Legionella
• Mold

The mold endorsement, in particular, could save you money on fungus cleanup in the future. Simply contact your pollution insurance provider to find out more information.

Why You Need a Mold Endorsement
You may think that you can just use your general liability policy to make mold insurance claims. Unfortunately, it is not that simple. Not all property policies include mold coverage.
Even if you can make a mold claim with your general liability provider, the payout is likely limited. The money you receive will not be enough to pay for proper remediation and investigation. You may be forced to do the repairs yourself or hire a cheap contractor. Choosing either of these options may just spread the mold further.
To truly remove the mold and prevent it from returning, you need top cleanup professionals. A mold endorsement should give you the money you need to pay for this service.
Not every general liability policy lets you make mold insurance claims. You thus need to add a mold endorsement to your pollution coverage. This way, if you do have a mold infestation in your building, you can afford to hire qualified professionals to eliminate the problem.