Does insurance cover asbestos removal?

Will the insurance company cover asbestos removal if it is found during my home remodel? My brother remodeled his home last year and in doing so, uncovered asbestos in the ceiling. $4,200 dollars later, he found out that his insurance didn't cover the removal. Our homes were built by the same architect around the same time and I am worried this may happen to me as well.

Answer
“As a rule of thumb, most homeowners’ policies have an asbestos abatement exclusion, so in most cases, it will not be covered. Home improvements can uncover many surprises and asbestos, unfortunately, can be one of them.
Before you start making changes, let your contractor know of your concerns. With asbestos, there are two options: removal or containment.
Containment is the much cheaper option. You may be able to adjust your design plan around any potential hazards.
The one exception to the exclusion is if asbestos abatement ends up being required due to a covered loss.
For example, let’s say your child clogs the upstairs toilet with their teddy bear (this is known to happen!) and causes a massive flood that ruins the downstairs ceiling. This is a loss that your insurance company will cover.
If, in the process of repairing your ceiling due to this covered loss, you discover asbestos, insurance would need to pay to have it safely removed.”
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Shannon Martin
Answered on Jul 27, 2021
Shannon is an expert in personal lines liability insurance with 13 + years of insurance industry experience. She also served as a special insurance liaison to AARP members for 6 of those years. She is a graduate of UL Lafayette and currently resides in NY with her family. Shannon is also an amateur juggler, ukulele player, and is a time travel paradox theory enthusiast.
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