Asbestos Siding Insurance

Inability to match siding following a loss.

Asbestos siding insurance.

If it is asbestos you should have a talk with your real estate agent and possibly lawyer. 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. 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.

For the most part asbestos isn t covered by homeowner s insurance. Also we recommend that if you do have to remove or disturb the siding for any reason never do the work yourself. Installing vinyl siding will require disturbing the asbestos by nailing into it. 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 is also non friable which means it s not releasing dust into the air. Some insurance providers cancelling policies due to asbestos. The only possible exception is if the asbestos is exposed as a result of a covered peril like wind damage. Unless asbestos siding is disturbed it doesn t pose a significant health hazard and does not need to be removed.

But whether or not your insurance will cover the bill you should not remove asbestos yourself. 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. View entire discussion 13 comments more posts from the homeimprovement community. 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.

Have an asbestos abatement contractor do it for you. It also doesn t burn which is great for insurance companies. The problems insurance companies have with homes sporting asbestos siding include three issues. 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.