What Insurance Companies Will Cover Asbestos Siding – Protect Your Home Now

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Gaf Weatherside Purity Wavy Shingle

In this comprehensive article, we will delve into the topic of what insurance companies will cover asbestos siding. Asbestos is a material that was commonly used in the construction of homes and buildings until its harmful effects were discovered.

Now, many homeowners are faced with the challenge of dealing with asbestos siding and are wondering if their insurance will cover the costs associated with its removal and replacement.

Understanding Asbestos Siding

Before we dive into the details of insurance coverage, let’s first understand what asbestos siding is. Asbestos siding is a type of exterior cladding material that was popular in the mid-20th century due to its durability and fire resistance.

However, it was later discovered that asbestos fibers, when inhaled, can cause serious health issues, including lung cancer and mesothelioma. As a result, the use of asbestos in construction has been banned in many countries, including the United States.

Insurance Coverage for Asbestos Siding

Now, let’s address the main question at hand – will insurance companies cover the costs of dealing with asbestos siding? The answer to this question can vary depending on the specific insurance policy and the insurance company.

However, in most cases, asbestos siding is not covered by insurance.

Insurance companies typically view asbestos siding as a pre-existing condition or a maintenance issue, rather than a sudden and accidental event. As a result, they may exclude coverage or offer limited coverage for asbestos-related claims.

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It’s important to review your insurance policy and discuss this matter with your insurance provider to understand the extent of coverage for asbestos-related issues.

Recommended Insurance Companies for Homes with Asbestos Siding

While most insurance companies may not cover asbestos siding, there are a few that are more lenient in their policies. Safeco and USAA, for example, have been known to provide insurance coverage for homes with asbestos siding.

However, it’s important to note that the coverage may vary depending on individual circumstances and policy terms.

Options for Dealing with Asbestos Siding

Since insurance coverage for asbestos siding may not be widely available, homeowners with this issue are left with a few options. One option is to pay for the removal and replacement of asbestos siding out of pocket.

This can be a costly endeavor, with prices ranging from $5,000 to $10,000 or more, depending on the size of the home.

Another option is to hire a professional asbestos abatement contractor to handle the removal and replacement process. These professionals have the expertise and equipment to safely remove and dispose of asbestos siding.

However, this option can also be expensive.

Conclusion and Best Recommended Product

In conclusion, when it comes to insurance coverage for asbestos siding, it’s important to review your policy and discuss your specific situation with your insurance provider. While some companies may offer limited coverage, most insurance policies do not cover asbestos siding.

Therefore, homeowners with asbestos siding may need to explore alternative options for dealing with this issue.

One of the best options available is the GAF WeatherSide Purity Wavy Shingle. This high-quality product is specifically designed to replace asbestos siding and offers a safe and durable alternative. With its easy installation and attractive design, the GAF WeatherSide Purity Wavy Shingle is the top choice for homeowners dealing with asbestos siding.

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Gaf Weatherside Purity Wavy Shingle

Remember, when considering any home improvement project, including the removal and replacement of asbestos siding, it’s important to prioritize safety and consult with professionals who have experience in handling asbestos-related issues.

Disclaimer: The author of this blog article is not related to any of the provided products or services mentioned. This recommendation is based on research and industry expertise.

– National Cancer Institute. (2021). Asbestos exposure and cancer risk. Retrieved from https://www.cancer.gov/about-cancer/causes-prevention/risk/substances/asbestos/asbestos-fact-sheet

Frequently Asked Questions

Is asbestos siding covered by homeowners insurance?

Homeowners insurance typically doesn't cover the removal of pollutants such as asbestos. However, if the asbestos is released into your home due to a covered loss, some insurance companies may pay for removal and remediation.

What insurance companies will cover asbestos siding?

Most of the time, asbestos siding is not covered by insurance due to its carcinogenic properties. Removing asbestos is quite expensive, so most insurance companies will not include it in their policies.

Does homeowners insurance cover asbestos?

You can get home insurance with asbestos siding, but insurance will only cover asbestos removal when it's damaged by a covered peril.

What is the best way to cover asbestos siding?

The best way to cover asbestos siding is by painting it. Paint adheres well to asbestos siding and can help keep it from deteriorating and becoming a health hazard.

Does homeowners insurance cover rotten siding?

Like any other part of your home, siding isn't protected by home insurance against everyday wear and tear. If your siding has simply degraded over time or if damage results from a lack of proper maintenance, you're responsible for the repair or replacement costs.