Asbestos Siding Insurance

It also doesn t burn which is great for insurance companies.

Asbestos siding insurance.

If it is asbestos you should have a talk with your real estate agent and possibly lawyer. But whether or not your insurance will cover the bill you should not remove asbestos yourself. For the most part asbestos isn t covered by homeowner s insurance. Have an asbestos abatement contractor do it for you.

Unless asbestos siding is disturbed it doesn t pose a significant health hazard and does not need to be removed. If you can prove that your siding is something beside asbestos be sure all documentation makes it to your insurance and that is documented on your policy. Inability to match siding following a loss. Asbestos siding is also non friable which means it s not releasing dust into the air.

Even though exposure to asbestos can be a major health risk most homeowners insurance policies don t cover removal of asbestos. Installing vinyl siding will require disturbing the asbestos by nailing into it. If you are absolutely unwilling to have asbestos siding you are legally allowed to remove it yourself from your own home in the state of minnesota. Also we recommend that if you do have to remove or disturb the siding for any reason never do the work yourself.

Intact asbestos siding on your home poses no health risk as long as it is undisturbed. Both the epa and the vinyl siding institute recommend not disturbing asbestos if at all possible. The only possible exception is if the asbestos is exposed as a result of a covered peril like wind damage. View entire discussion 13 comments more posts from the homeimprovement community.

Unfortunately some insurance companies will not insure a home with asbestos siding so it may increase the difficulty and cost of acquiring homeowner s insurance. The problems insurance companies have with homes sporting asbestos siding include three issues. Homeowners insurance policies have an exclusion for pollution which generally prevents you from being reimbursed for cleaning up pollutants including asbestos in your home. Some insurance providers cancelling policies due to asbestos.