Re: ^ Re: New member - mold remediation issue

[Guest guest]

Our cap is $10,000 and it doesn't cover all mold situations (i.e. - our basement

isn't covered - we will have to handle that on our own).

Don't the latest homeowner insurance policies have a cap on the mold

coverage... I remember reading the cap might be $5000.

[Guest guest]

Our cap is $10,000 and it doesn't cover all mold situations (i.e. - our basement

isn't covered - we will have to handle that on our own).

Don't the latest homeowner insurance policies have a cap on the mold

coverage... I remember reading the cap might be $5000.

[Guest guest]

I thought that many of the policies written now do not cover mold at

all.

On Nov 1, 2004, at 11:58 AM, Saralee Rosen wrote:

>

>

> Our cap is $10,000 and it doesn't cover all mold situations (i.e. -

> our basement isn't covered - we will have to handle that on our own).

>

>

> Don't the latest homeowner insurance policies have a cap on the mold

> coverage... I remember reading the cap might be $5000.

>

>

>

>

>

>

>

>

>

[Guest guest]

I thought that many of the policies written now do not cover mold at

all.

On Nov 1, 2004, at 11:58 AM, Saralee Rosen wrote:

>

>

> Our cap is $10,000 and it doesn't cover all mold situations (i.e. -

> our basement isn't covered - we will have to handle that on our own).

>

>

> Don't the latest homeowner insurance policies have a cap on the mold

> coverage... I remember reading the cap might be $5000.

>

>

>

>

>

>

>

>

>

[Guest guest]

Only very specific situations are covered by insurance. In our case the mold

came from a slow leak that was caused by 2 old pipes eventually moving close

enough to each other to cause a hole in one of the pipes. The plumbing repairs

were not covered by insurance by the mold remediation was.

Saralee Rosen

----- Original Message -----

From: JB

Sent: Monday, November 01, 2004 12:31 PM

Subject: Re: [] ^ Re: New member - mold remediation issue

I thought that many of the policies written now do not cover mold at

all.

On Nov 1, 2004, at 11:58 AM, Saralee Rosen wrote:

>

>

> Our cap is $10,000 and it doesn't cover all mold situations (i.e. -

> our basement isn't covered - we will have to handle that on our own).

>

>

> Don't the latest homeowner insurance policies have a cap on the mold

> coverage... I remember reading the cap might be $5000.

>

>

>

>

>

>

>

>

>

[Guest guest]

Only very specific situations are covered by insurance. In our case the mold

came from a slow leak that was caused by 2 old pipes eventually moving close

enough to each other to cause a hole in one of the pipes. The plumbing repairs

were not covered by insurance by the mold remediation was.

Saralee Rosen

----- Original Message -----

From: JB

Sent: Monday, November 01, 2004 12:31 PM

Subject: Re: [] ^ Re: New member - mold remediation issue

I thought that many of the policies written now do not cover mold at

all.

On Nov 1, 2004, at 11:58 AM, Saralee Rosen wrote:

>

>

> Our cap is $10,000 and it doesn't cover all mold situations (i.e. -

> our basement isn't covered - we will have to handle that on our own).

>

>

> Don't the latest homeowner insurance policies have a cap on the mold

> coverage... I remember reading the cap might be $5000.

>

>

>

>

>

>

>

>

>

[Guest guest]

JB,

You're correct that homeowner policies do not specifically insure for mold

damage as mold is too often considered as vermin.. However if the mold is

caused by a covered peril such as a sudden breakage of a water pipe then the

consequential damage would be covered as the result of the failed pipe providing

due diligence and care is taken to protect and prevent the mold after the pipe

breakage.. However if mold simply springs up from causes other than what is

covered by a homeowner policy then there is no coverage.

There are many many perils either not covered or only covered as a consequence

of a specifically covered event. Rats, mice, pets doing damage to household

property finds no coverage.. Storm damage where the water does the damage

before landing on the ground is usually covered.. Water damage from a storm

where the water touched the ground first is excluded by the flood exclusion..

Let's say a skunk comes into a house and causes the building to be

uninhabitable... no coverage.. Likewise if mold takes over a house without

there being a causative covered peril there is no coverage... However today

with all the problems with mold forming after a storm or hurricane many of the

newer policies that previously offered coverage to the limits of the policy now

limit the amount of that coverage to $5000 or $10,000.

Let's face it great mold losses were never contemplated and most can not be

considered the result of a " sudden and unexpected " event. The basis for all

property insurance is that the covered loss must be from a sudden and unexpected

event. Too often mold damage simply does not qualify.. end of my lecture from

Insurance 101.

ken

================

----- Original Message -----

From: JB<mailto:jbnewportlimo@...>

<mailto: >

Sent: Monday, November 01, 2004 12:31 PM

Subject: Re: [] ^ Re: New member - mold remediation issue

I thought that many of the policies written now do not cover mold at

all.

On Nov 1, 2004, at 11:58 AM, Saralee Rosen wrote:

>

>

> Our cap is $10,000 and it doesn't cover all mold situations (i.e. -

> our basement isn't covered - we will have to handle that on our own).

>

>

> Don't the latest homeowner insurance policies have a cap on the mold

> coverage... I remember reading the cap might be $5000.

>

>

>

>.com<mailto:-unsubscribe ?subject=Unsubscribe>

a..

[Guest guest]

JB,

You're correct that homeowner policies do not specifically insure for mold

damage as mold is too often considered as vermin.. However if the mold is

caused by a covered peril such as a sudden breakage of a water pipe then the

consequential damage would be covered as the result of the failed pipe providing

due diligence and care is taken to protect and prevent the mold after the pipe

breakage.. However if mold simply springs up from causes other than what is

covered by a homeowner policy then there is no coverage.

There are many many perils either not covered or only covered as a consequence

of a specifically covered event. Rats, mice, pets doing damage to household

property finds no coverage.. Storm damage where the water does the damage

before landing on the ground is usually covered.. Water damage from a storm

where the water touched the ground first is excluded by the flood exclusion..

Let's say a skunk comes into a house and causes the building to be

uninhabitable... no coverage.. Likewise if mold takes over a house without

there being a causative covered peril there is no coverage... However today

with all the problems with mold forming after a storm or hurricane many of the

newer policies that previously offered coverage to the limits of the policy now

limit the amount of that coverage to $5000 or $10,000.

Let's face it great mold losses were never contemplated and most can not be

considered the result of a " sudden and unexpected " event. The basis for all

property insurance is that the covered loss must be from a sudden and unexpected

event. Too often mold damage simply does not qualify.. end of my lecture from

Insurance 101.

ken

================

----- Original Message -----

From: JB<mailto:jbnewportlimo@...>

<mailto: >

Sent: Monday, November 01, 2004 12:31 PM

Subject: Re: [] ^ Re: New member - mold remediation issue

I thought that many of the policies written now do not cover mold at

all.

On Nov 1, 2004, at 11:58 AM, Saralee Rosen wrote:

>

>

> Our cap is $10,000 and it doesn't cover all mold situations (i.e. -

> our basement isn't covered - we will have to handle that on our own).

>

>

> Don't the latest homeowner insurance policies have a cap on the mold

> coverage... I remember reading the cap might be $5000.

>

>

>

>.com<mailto:-unsubscribe ?subject=Unsubscribe>

a..

[Guest guest]

Dear Greg,

I have no disagreement with what you have just said... My point is the

insurance industry has its practices and they use standard boiler plate

contracts using certain tested terms... If today terms can be defined into new

concepts by courts then the insurance practices will have to change... BUT the

change will have to come from the courts who will be changing the practices

developed from those present day insurance contracts..

What you and I may disagree with regarding how we'd like to have insurance

contracts handled will not overturn what is common for adjusters to do...

I'd like to believe you'd agree the basis of insurance 101 is that property

insurance is based on covering only unexpected loses from sudden events and

leaving the property owner responsible for caring for and maintaining his/her

property...

ken

----- Original Message -----

From: Greg Weatherman<mailto:gw@...>

<mailto: >

Sent: Friday, November 05, 2004 11:08 AM

Subject: [] ^ Re: New member - mold remediation issue

Ken,

You missed a very important point in your insurance 101 lecture:

Can you define " sudden " ?

(This term is ambiguous and therefore useless. Is there a court

case that defines what rate of water measured by whatever device?)

Can you define " unexpected " in context with " sudden " .

This insurance clause is commonly abused by insurance adjusters.

Regards,

Greg Weatherman

aerobioLogical Solutions Inc.

Arlington VA 22202

gw@...

***************************************

>

> >

> >

> > Our cap is $10,000 and it doesn't cover all mold situations

(i.e. -

> > our basement isn't covered - we will have to handle that on

our own).

> >

> >

> > Don't the latest homeowner insurance policies have a cap on

the mold

> > coverage... I remember reading the cap might be $5000.

> >

> >

> >

> >.com<mailto:-unsubscribe ?

subject=Unsubscribe>

>

> a..

[Guest guest]

Dear Greg,

I have no disagreement with what you have just said... My point is the

insurance industry has its practices and they use standard boiler plate

contracts using certain tested terms... If today terms can be defined into new

concepts by courts then the insurance practices will have to change... BUT the

change will have to come from the courts who will be changing the practices

developed from those present day insurance contracts..

What you and I may disagree with regarding how we'd like to have insurance

contracts handled will not overturn what is common for adjusters to do...

I'd like to believe you'd agree the basis of insurance 101 is that property

insurance is based on covering only unexpected loses from sudden events and

leaving the property owner responsible for caring for and maintaining his/her

property...

ken

----- Original Message -----

From: Greg Weatherman<mailto:gw@...>

<mailto: >

Sent: Friday, November 05, 2004 11:08 AM

Subject: [] ^ Re: New member - mold remediation issue

Ken,

You missed a very important point in your insurance 101 lecture:

Can you define " sudden " ?

(This term is ambiguous and therefore useless. Is there a court

case that defines what rate of water measured by whatever device?)

Can you define " unexpected " in context with " sudden " .

This insurance clause is commonly abused by insurance adjusters.

Regards,

Greg Weatherman

aerobioLogical Solutions Inc.

Arlington VA 22202

gw@...

***************************************

>

> >

> >

> > Our cap is $10,000 and it doesn't cover all mold situations

(i.e. -

> > our basement isn't covered - we will have to handle that on

our own).

> >

> >

> > Don't the latest homeowner insurance policies have a cap on

the mold

> > coverage... I remember reading the cap might be $5000.

> >

> >

> >

> >.com<mailto:-unsubscribe ?

subject=Unsubscribe>

>

> a..