For the most part, only if the mold is a result of a roof leak or major storm damage. If you live in a flood plain, you can purchase an additional insurance policy specifically for flood damage that would cover mold removal from floodwaters.
If the mold is due to Plumbing problems, neglect or other issues, your home owner insurance policy will probably not cover it.
Your neighbor's insurance company's liabilty coverage should pay for it and your insurance company should pursue it for you
Most home insurance companies will cover the cost of the mold removal. But you need to check your policy with the home insurer so that you will not get any surprises.
No
No, that would be medical insurance. Homeowner's insurance covers things like burglaries and damage to the home. * Homeowner's insurance will pay for injuries to other persons that occur on the owner's property when they find the claim justified.
It is the homeowner's responsibility to clean any mold from the house before you purchase it. It should be in writing.
No
Yes it is possible that you could have some taxable income when you receive a reimbursement from your homeowner insurance policy.
It does if the policy is current and there is adequate coverage. If the property is underinsured the insurance company will not pay for the entire loss. That all relates to the homeowner's insurance.If the mortgage is greater than the value of the property then you will owe the balance after the homeowner's insurance payment unless you have mortgage insurance.It does if the policy is current and there is adequate coverage. If the property is underinsured the insurance company will not pay for the entire loss. That all relates to the homeowner's insurance.If the mortgage is greater than the value of the property then you will owe the balance after the homeowner's insurance payment unless you have mortgage insurance.It does if the policy is current and there is adequate coverage. If the property is underinsured the insurance company will not pay for the entire loss. That all relates to the homeowner's insurance.If the mortgage is greater than the value of the property then you will owe the balance after the homeowner's insurance payment unless you have mortgage insurance.It does if the policy is current and there is adequate coverage. If the property is underinsured the insurance company will not pay for the entire loss. That all relates to the homeowner's insurance.If the mortgage is greater than the value of the property then you will owe the balance after the homeowner's insurance payment unless you have mortgage insurance.
The leinholder is paid off first, then anything remaining goes to the homeowner. This is usually done with a check that is made out to both the lender and the homeowner.
Generally yes, subject to your standard deductible if any.
ur face, maxed to the power of three. And Boats, cars and motorcycles.
If it relates to a personal injury claim where the individual was injured on the policy holder's property then usually homeowner's insurance will provide compensation up to the specific amount stated in the policy.