Mold Remediation
Definition:
The process of removing mold and restoring affected areas.
Explanation:
Standard policies often limit or exclude mold coverage. If mold results from a covered event (like sudden water damage), remediation may be covered up to specific limits.
Example:
If water damage from a broken pipe leads to mold growth, your policy may pay for mold remediation within stated limits.
Why it matters:
This term affects how claims are handled and what payout a homeowner may receive.