Mold Inspection Industry Overview

Perhaps the most telling statistic as to the problems that mold represents is that 39 states have now established limitations on mold coverage in homeowners' policies. The insurance industry has sought to limit its exposure to this expensive problem by excluding or severely limiting coverage for mold related damages. Massive settlements have been reported in the media in which insurance companies were found liable for damages as they were found negligent for having delayed payment for remediation, allowing mold the time it needed to propagate throughout a structure. Several multi-million dollar lawsuits have also been won by plaintiffs alleging physical maladies, including, brain damage caused by mold.More

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