How Much Does Mold Damage Cost?

6/28/2021 (Permalink)

Mold often grows in hidden areas.

If you have mold in your home, one of the concerns you probably have is how much mold removal will cost and whether your insurance will cover it. Several factors play a role in the overall cost of dealing with mold damage.

Overall Cost of Mold Damage

Mold Inspection

Because mold often grows in hidden areas, it is a good idea to have a mold inspection done before proceeding with black mold removal. The inspector will look for all of the hidden areas of mold and the root cause of your mold problem. The inspector will also be able to recommend a mold remediation company in North St. Paul, MN. A qualified mold inspector should meet several criteria:

• Have a degree in a relevant science or engineering field
  
• Have completed industry-approved courses in mold investigation
  
• Have industry credentials
  
• Provide a report with lab results
  
  

A typical mold inspection takes between two and five hours. The average cost is $200 to $600.

Mold Remediation

Mold remediation companies perform the actual mold removal services. Depending on the extent of the project, the process may take a few days to a few weeks. The process involves removing water and mold-damaged materials, cleaning and disinfecting carpets, walls and personal items, vacuuming with HEPA filtration and removing mold-damaged studs and drywall. The cost can vary from $500 to more than $30,000 depending on where the damage is and how widespread the problem is.

Insurance Coverage

Many homeowners policies have an exclusion for damage caused by mold and other fungi. However, if the mold resulted due to another covered cause of loss, such as a burst pipe, your insurance may cover the cost of mold cleanup.

The cost of mold removal can vary substantially depending on the circumstances. It is a good idea to check with your homeowners or flood insurance company to find out if your policy provides coverage for mold cleanup before you begin the process.