Definition
This endorsement covers mold growth and remediation resulting from covered perils. Standard policies typically exclude mold.
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Mold coverage endorsements reimburse for mold damage and remediation when caused by covered perils. Standard policies typically exclude mold or limit coverage to $5,000-$10,000. Endorsements provide enhanced coverage. Valuable for water-damage prone areas and homes with moisture issues.
Pro Tip
Mold coverage is valuable in humid climates. Verify coverage limits.
Example
Mold coverage endorsement pays for $15,000 remediation cost when mold develops after pipe burst.