Does Renters Insurance Cover Mold?
Does Renters Insurance Cover Mold Damage? Having to replace all of your personal belongings because of something like a fire, mold or theft, would put a huge dent in your savings. Not to mention the fact that having to deal with such a tragic event would cause more stress than any one person should have to deal with. So when something unforeseen and tragic happens we immediately start asking questions like: Where will I find the money to replace these things? Do I have enough in my savings to cover these costs? Will I have to dip into my retirement savings? Will I have to borrow from family or friends? Will replacing these items max out my credit cards? Will I be able to replace everything I had or will I have to do without? Homeowners are usually protected against such a disaster through their homeowner’s insurance policy. However, more Americans find themselves renting these days and it is estimated that over one half of all people who rent don’t carry any form of renter’s insurance ...