Asbestos Siding Insurance

Since asbestos siding was a common building material form the 1930 s until the 1970 s we have many homes that were constructed or the exterior was upgraded during that era.

Asbestos siding insurance.

The only possible exception is if the asbestos is exposed as a result of a covered peril like wind damage. Intact asbestos siding on your home poses no health risk as long as it is undisturbed. Even though exposure to asbestos can be a major health risk most homeowners insurance policies don t cover removal of asbestos. 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.

Some insurance providers cancelling policies due to asbestos. Asbestos siding is also non friable which means it s not releasing dust into the air. If it is asbestos you should have a talk with your real estate agent and possibly lawyer. 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.

But whether or not your insurance will cover the bill you should not remove asbestos yourself. Installing vinyl siding will require disturbing the asbestos by nailing into it. View entire discussion 13 comments more posts from the homeimprovement community. It also doesn t burn which is great for insurance companies.

Have an asbestos abatement contractor do it for you. Inability to match siding following a loss. Homeowners insurance policies have an exclusion for pollution which generally prevents you from being reimbursed for cleaning up pollutants including asbestos in your home. The problems insurance companies have with homes sporting asbestos siding include three issues.

For the most part asbestos isn t covered by homeowner s insurance. In certain parts of the country major insurance providers are refusing to insure homes where asbestos is present not wishing to assume the risk associated with the mineral which can cause cancer when its fibers are inhaled. Mesothelioma and other cancers as well as asbestosis and other lung diseases are a serious danger after continued long term exposure to fibers from asbestos containing materials acms. Both the epa and the vinyl siding institute recommend not disturbing asbestos if at all possible.