Our top pick: Policygenius home insurance
- Personalized policies
- Compare top-rated companies
- Switch online hassle-free
Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
Heaps of older homes used asbestos when they were built, an expensive problem to fix when making repairs or renovations. Because of its widespread use, most home insurance policies won’t cover any damage or liability related to asbestos, except in specific situations.
Asbestos is a building and manufacturing material used widely before the 1980s. While asbestos was considered affordable and durable decades ago, we now know that direct exposure to asbestos can harm people’s health. Several types of cancer are linked to asbestos exposure, as well as other lung diseases like mesothelioma and asbestosis.
No, but the US restricts the use of asbestos in products through the 1989 Partial Ban under the Toxic Substances Control Act. You can see the updated laws on using asbestos for building materials on the Environmental Protection Agency’s website.
No, home insurance companies typically rule out any asbestos-related costs. That’s because asbestos may be present in hundreds of thousands of older US homes.
If insurance companies promised to pay for asbestos removal in every one of them, they’d charge much higher premiums to cover the potential costs.
However, you might get coverage to remove asbestos if your home gets damaged by a covered situation that releases the harmful asbestos in the air. For example, if a major storm damages your roof and ceiling that were made with asbestos-containing materials, your home insurance should pay to remove any harmful particles released and repair the damage with non-asbestos materials.
No, renters policies won’t cover removing asbestos found in your rental home. If asbestos poses danger to renters, the landlord would hold the responsibility to remove it or risk getting sued for renters’ health problems.
Landlords can find business insurance policies with protection for asbestos liability, though getting this insurance won’t save renters from related medical issues or death. This liability coverage protects the landlord from legal expenses and settlements for exposing renters to asbestos.
If you find asbestos, you could consult a lawyer on whether the finding qualifies as a reason to break your lease, or even sue your landlord if you’ve experienced health problems.
Believe it or not, landlords aren’t required to disclose that their rental home or apartment was built with asbestos materials. However, every landlord has a legal responsibility to provide renters with livable conditions in the rental home.
The good news is that asbestos poses its risk when asbestos particles get released in the air. Many homeowners of older buildings choose to leave the asbestos materials undisturbed.
However, if you own or want to buy a home built before 1990, you might want an inspection from a licensed asbestos contractor. The inspection will identify if your home has asbestos, the condition it’s in and give you guidance on managing the risk.
If you’re not sure whether products in your home contain asbestos, you should treat them as if they do. Consider an asbestos inspection or removal when renovating or repairing your home.
Because asbestos is a mineral used in a variety of building materials before the 1980s, you might have a hard time pinpointing it in your house without a professional. A professional asbestos contractor can scout your home for potentially harmful building materials and send samples to test in a lab.
Asbestos-containing materials can be found in several areas, including:
While a home policy probably won’t cover you for removing asbestos, it can protect your home from other damaging situations.
Your home insurance probably won’t cover removing asbestos, but your home’s policy might pay for removal if the asbestos gets damaged in a covered situation. For renters, you’ll have to rely on your landlord to protect the property from asbestos, although damaged asbestos could give you a reason to consult a lawyer or break your lease.
Plus, 2 you can’t.
Preliminary data on fatal accidents and driving behavior could explain why drivers haven’t seen higher insurance refunds.
Smart strategies that homeowners can use to get rid of Private Mortgage Insurance (PMI).
A permanent life insurance policy’s cash value can be used as a retirement income supplement, though using it reduces your policy’s death benefit.
Which type of car insurance policy fits your car and driving needs?
Not all steam cleaners are the same. Learn what to look out for and how to compare services so you can be sure you’ve hired a professional.
Keep your holiday safe and snug from hanging lights to staying safe on the roads.
Got a mold problem? Here’s what to know before you hire a professional including where to find one, costs and frequently asked questions.
Learn how blind cleaning services can help prolong the life of your blinds and eliminate bacteria and viruses both at home and in the office.
Deep dive pool cleaning and see when to hire a service for different types of maintenance. Four things to look for when hiring a pool cleaner.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.