I just got a phone call from my good friend Mike and he was irate.
Apparently he had just received a letter from his insurance company informing him that they would no longer cover his home for mold-related problems.
And to make matters worse, he’d been a client for years, and had NEVER made any kind of claim against his homeowner’s policy.
“How can they do this to me?”, he exclaimed.
“Well Mike”, I replied, “More and more people are finding themselves in this same situation.
Now that mold has become such a major problem, homeowners across the country are finding themselves without insurance”.
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“Yeah, but I’ve been paying into my insurance for years and I’ve never even put in a claim. Now I get this letter telling me that they won’t cover me if I do have a problem. It kinda makes me feel taken advantage of”, he said.
“I know how you feel Mike. There’s thousands of people across the country who are in the same situation as you”.
“So what can I do?”, he asked.
“Your first step”, I said, “is to find out how to deal with a water damage problem.
You see, most people don’t have a clue when it comes to this topic, nor do they understand the importance of taking care of any home-related water problem as fast as possible.
In fact, that’s why your insurance got cancelled.
Insurance companies have been reporting record losses over the last few years. Too many people are filing mold claims and it’s costing them a fortune. That’s why they’re cutting back on the coverage they offer.”
So…
Don’t be surprised if you get a letter from your own insurance company, just like the one Mike received.
And the sad truth is, if you loose your insurance coverage, the likelihood of you getting another policy from a different carrier is slim to none. I know, I know.
You’re thinking to yourself, “What in the heck would I do if I found myself without insurance? I’ve heard that some mold claims have been in the hundreds of thousands of dollars. I couldn’t afford to pay that kind of money out of my own pocket”.
Your solution…
Keep your eyes open and be aware of what’s going on in your home.
If you have a water intrusion, deal with it IMMEDIATELY!
Do a regular visual inspection for mold. If you’ve been on one of my no-charge teleconferences, you know about the 19-Point Mold Checklist. Use it!
And, if you haven’t yet been on one of my teleconferences, what in the heck are you waiting for?
I offer them as a consumer awareness service and there’s no cost involved.
Find out when the next one is and get registered pronto for the next Free Teleconference.
Well, that’s it for this week.
Here’s to your success,
Kevin Thompson
P.S. For a limited time I’m also offering you a 30-Day Trial on the Complete Wipe Out Mold System.