Asbestos Removal Covered by Home Insurance

Although the timeline is a bit fuzzy, asbestos was commonly used in construction. This means if you live in a home that was built before 1981, you may have it in your home. Understanding when you can have asbestos removed covered by insurance in Colorado is critical for many homeowners.

This is because the fibrous insulation material is also a carcinogen and can lead to multiple lung diseases as well as cancers. Most notably, people living with asbestos can suffer from mesothelioma.

However, to have asbestos removed from your home and to have it covered by your homeowners insurance policy, certain factors will need to be in play. As with many situations, it all depends on your home insurance policy and the nature of your loss.

Regardless, it’s important to understand if your home contains such materials and whether or not your policy covers its removal. However, it’s also important to know your options. Learn more below about your options and how to get asbestos removal covered by home insurance in Colorado.

Does Homeowners Insurance Cover Asbestos in Colorado?

For the most part, you won’t have asbestos removal covered by insurance in Colorado. This is because home insurance in Colorado, HO-3 policies, often won’t cover losses related to pollution, which would include the use of asbestos.

Not only is removal not covered by getting an asbestos inspection covered by your home insurance carrier is also not often an option for the same reason. Basically, asbestos alone or the suspicion thereof isn’t typically enough.

How To Get Asbestos Removed or an Inspection Covered by Colorado Home Insurance

If you believe you need asbestos removed from your home or may need an inspection, home insurance may be capable of helping you. But these situations are not the norm. Here’s how you get your home insurance carrier to cover asbestos removal in Colorado.

You Must Have a Covered Peril Require Asbestos Removal

The most important part of submitting a claim for asbestos removal to your home insurance carrier in Colorado, you’re going to need to suffer a loss that your policy covers.

For example, if you were to suffer a loss because of fire damage and have a standard home insurance policy, you’ll be covered. If you figure out that your home has asbestos during this restoration process and removal is necessary, your policy may provide coverage.

Review Your Policy With Your Agent

Because there are different policies, carriers, and scenarios that all require consideration, it’s always a good idea to speak with a licensed insurance agent and review your policy. This will allow you to understand your specific coverage. In this case, it deals with getting rid of asbestos.

File Your Claim and Hire an Asbestos Removal Service

Once you’ve confirmed that your home insurance policy covers asbestos removal, you can proceed with filing a claim. However, when it comes to inspections, even with removal being a rarer acceptable claim, getting an inspection covered by a Colorado home insurance policy is virtually not possible.

Home Insurance Coverage for Homes in Colorado Older Than 1981

One thing you can’t replicate is the charm of an older home. Their character and features are often imitated but never duplicated. With that being said, you’re still going to want to make sure your home is safe to live in for you and your family.

The best thing a homeowner can do when purchasing a home that is older than 1981 is to get an asbestos inspection. On average, an asbestos inspection can cost $2,212 per home, according to Angi. It’s worth noting that the average cost of removal can also run $2,190 per home.

There are several factors that can cause these futures to fluctuate greatly but inspections are important before purchasing a home to be sure that your place of refuge, and investment, is safe for you and your family.

It’s also important to enroll with a home insurance carrier that is capable of being there for some of the odder parts of submitting a claim. The team of Freedom Insurance Group prides itself on being there for our clients for losses both common and uncommon in nature.

Not only are we here to help you save on coverage, but our team understands the nuances necessary for navigating an evolving insurance landscape. From small to large claims, our agents are ready to deliver expertise every step of the way.

Getting asbestos removal covered by insurance isn’t always easy, but there are several other perils your coverage is there for, including fire damage, windstorm damage, personal liability protection, and more. See how we save clients an average of 40% through top-rated carriers in Colorado with a free, no-obligation home insurance quote today!