Four Mold Damage Property Insurance Tips

Posted November 13, 2017

Mold is a frustrating and potentially dangerous substance to deal with. If undetected or left untreated, mold can cause a tremendous amount of damage to your personal property. The good news is that many homeowners’ insurance policies that are available in Oklahoma do offer coverage for mold damage. Yet, unfortunately, recovering a full settlement offer can be challenging. Here, our Oklahoma City water damage claims attorneys have put together a list of four of our best property insurance tips for handling mold damage claims.

 

1. Report the Mold Damage Immediately

 

Oklahoma homeowners have certain responsibilities under their policies. Generally, one of these duties is to report your damage to the insurance company as quickly as is reasonably possible. Please comply with this requirement. You can report your mold damage even if you do not yet have all of the information that you will eventually need to bring a claim. Additionally, to protect yourself, be sure to get confirmation of all of your interactions with the insurance company in writing.

 

2. Take Action to Protect Your Property

 

Beyond reporting your mold damage quickly, you also have a basic duty to mitigate your damages. Essentially, this means that you should take whatever reasonable steps are possible to protect your property from sustaining any more damage. This can be difficult with mold damage, as it can be hard to clean up. Still, you should try to do what you can to prevent any additional loss.

 

3. Document Your Damages

 

Above all else, the key to getting a full mold damage settlement offer is having compelling evidence that supports your claim. As such, property owners should always be proactive in documenting their losses. The more evidence that you have in your possession, the better off you will be if a dispute arises at any point in the future. Remember to take pictures, record video, inventory your losses and gather up all of the financial records that you can find. Please be sure to keep these documents and records well organized. Your lawyer will be able to help you assembled them.

 

4. Know Your Policy

 

Do you have a copy of your homeowners’ insurance policy? You should have one. Ultimately, your mold damage claim will depend entirely on the terms and conditions of your specific policy. Review your policy so that you can fully understand your rights and responsibilities. If you have any questions or concerns, get your case into the hands of an experienced Oklahoma City property insurance lawyer who will be able to assist you.

 

Contact Our Oklahoma City Mold Damage Lawyers Today

 

At The Bennett Law Firm, our water damage lawyers have helped many Oklahoma property owners obtain full and fair settlement offers for their mold damage. To get a free review of your legal claim, please call us now at 405-272-0303 The Bennett Law Firm. We are proud to serve policyholders in Oklahoma City and throughout the surrounding communities.