Why won't my insurance company pay for seepage and dry rot?

Why won't my insurance company pay for seepage and dry rot?

Sam Friedman (Editor-in-Chief, National Underwriter, Property & Casualty Edition) gives expert video advice on: Why won't my insurance company pay for damage caused by a flood?; Why won't my insurance company pay for vermin damage or extermination? and more...

Basically, insurance is not supposed to pay for maintanence issues. If there's rotting within the boards of the home and things like this, if there's mold in there, that is something that develops over many years, and homeowners should be aware of these types of things and should be checking these regular to make sure they don't have those types of issues arising. Homeowner's insurance is more for a sudden, unexpected, catastrophic loss like a fire, a hurricane, a tree that falls on your roof and breaks into your bedroom or other similar occurences. These longer-term maintanence issues, whether it's dry rot or mold, are generally not covered under the homeowner's policy. That's something you really do need to take up with your agent, make sure that it's clear, and if there is coverage available, my endorsement perhaps is pursue it. But do not assume that is part of your standard homeowner's coverage.