In response to an explosion of “toxic mold”* claims in 2000-2001, the insurance industry acted in unprecedented unison to universally get rid of all claims related in any way to mold. They didn’t stop at just excluding claims from mold; they threw bacteria into the exclusion as well. The folks that wrote the new exclusions had never heard of Category 3 water at the time. As a result, two decades later, seven out of 10 restorers today are fundamentally underinsured for the work they do. That is an absolute fact, and it is an unfortunate state of affairs.

There is no reason for the status quo. The needed liability insurance for a restoration firm is readily available and has been for over a decade. The information below is for the seven out of 10 firms that are going to work today underinsured. This article will help you figure out if you are one of the seven or part of the three.