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Raley, Watts & O’Neill Insurance

Since 1950, Raley, Watts & O’Neill has been serving the insurance needs of our clients. We started as a one person operation in Lexington Park, MD and are proud of our small town heritage. We have worked hard to maintain the fundamental principles of our roots while we have grown into a company that serves clients throughout the Mid-Atlantic, the United States and Internationally. We pride ourselves on getting it right and taking care of the needs of our clients. We simplify the insurance process and take the time to make sure each of our clients understand their options, what they are buying and where their money goes. Our committed staff has the expertise and extensive experience in a broad range of insurance products and services like Commercial, Personal, Bonding, Safety/Risk Management, Group Health, Life and Financial Services. We would welcome the opportunity to demonstrate to you how working with Raley, Watts & O’Neill is about more than just insurance; it is about a long term relationship. We always strive to never veer from our values – C.A.R.E

How Mold Affects Your Home Insurance

Gordon O’Neill Gordon O’Neill , 8/12/2015
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Does your house have a mold problem? Mold can affect your health, and it affects your home insurance policy and rates, too. Learn more as you maintain your home insurance coverage at an affordable price. Which Molds are Bad? On any given day, you could find one or more of five common molds in your home. They are Stachybotrys, Cladosporium, Penicilium, Fusarium and Aspergillus. While Aspergillums is the least toxic, Stachybotrys is the most toxic. It's been linked to hay fever, pulmonary edema, liver damage, brain damage and death, especially in people with compromised immune systems, infants and the elderly. How do I Know if my House Has Mold? Because it's potentially deadly, you need to know if your house has mold. Do a visual inspection and look for black, gray, brown or blue anywhere there's moisture or wetness, including in your bathroom, basement or laundry room. Remember, though, that you can't always see mold. It may be hiding behind drywall or under flooring. Dry rot and musty odors are two signs of mold. Health problems like chronic nasal stuffiness, cough, wheezing, sore throat, upper respiratory infections or skin and eye irritations are also signs of mold. Investigate immediately if you think your house is affected because early treatment could help you get a handle on the problem. Can I Get Home Insurance if my House Has Mold? Most home insurance policies cover "sudden and accidental" damage. So if your bathroom pipes burst while you're out of town and cause moldy floors, you could file a claim and get the mold removed. However, if debris accumulation on your roof causes mold growth, you probably cannot file a home insurance claim to repair your roof. That's because this type of mold growth is considered by most insurance companies to be a home maintenance issue and thus not covered by your policy. Because home insurance policies differ by company and by state, talk to your agent about mold coverage. Then be on the lookout from mold growth. By addressing it right away, you have a better chance of removing it before it causes damage and affects your home insurance.