Standard home insurance policies in Canada generally do not cover mold damage, because insurers classify mold as a preventable maintenance issue resulting from gradual wear and tear, chronic humidity, or unaddressed water leaks. Insurance policies will typically cover mold remediation only if it is the direct, immediate result of a sudden and accidental covered water peril—such as a burst pipe or a severe storm-damaged roof—provided the homeowner acted promptly to dry out the property. Routine dampness, slow basement leaks, and condensation are strictly excluded from coverage.
1 votes
Marked as accepted