Will Homeowners Insurance Cover Asbestos Removal

Many insurance policies contain a so-called contaminant exclusion that does not allow toxic materials named by law (which applies to asbestos due to EPA regulations). However, if a pollutant or contaminant exclusion is ambiguously worded, it may be possible to be covered when needing asbestos removal.. The fact is, most insurance companies don’t offer “pollution coverage,” which includes asbestos removal and/or abatement.Asbestos removal insurance coverage can be hard to come by in today’s market. The good news is that much of the asbestos found in older homes is relatively stable and does not require abatement or remediation if left undisturbed.. In general, basic homeowner’s insurance do not cover asbestos removal. As with mold, if the issues related to asbestos claims arise from a peril that is otherwise covered, removal of the problems may also be covered up to a certain extent. Ask your insurance agent if they can add on specialized asbestos coverage..

Asbestos Insure was established in 2005 as part of the Direct Insurance group, creating a team of specialist advisors to the Asbestos Management sector with the aim of providing tailored specialist Insurance packages. We understand the Asbestos Industry and the attention to detail required.. This isn’t to say that asbestos removal has never been covered by a homeowners insurance policy. If your home is damaged during a natural disaster like flooding or a tornado that causes the exposure of asbestos-laden materials like floor tiling or roofing material, your policy may cover the cleanup and repair of that damage..

Asbestos is a term for a group of six naturally occurring mineral fibres that form 3 different coloured asbestos: brown, white and blue. Asbestos was long viewed as one of the most versatile minerals because of its flexibility, strength, insulation from heat and electricity, chemical inertness and affordability, resulting in its extensive use over many years.. How to determine coverage for asbestos ... Homeowners are advised to leave the removal of asbestos materials ... Is there coverage under CP 10 30 04 02 or CP 00 01 04 02 for asbestos removal ....