Locals are being urged to know what they're covered for with new research revealing a large number of residents in NSW lack understanding of insurance and mould.
The warning comes off the back of the storm damage that occurred in Harden Murrumburrah earlier this year as well as the humid and heavy rain that has hit the area over recent months with iSelect's Sophie Ryan saying the survey revealed 73 percent of NSW residents don't fully understand how mould is covered under home insurance.
"With months of heavy rain and humid conditions across NSW, many households may now be battling mould outbreaks," Sophie said.
"It's not just unpleasant, it can damage homes, ruin belongings and even impact health."
According to Sophie with so many residents, both locally and across the state, not understanding how mould is covered under home insurance it could lead to costly surprises and exacerbate already stressful situations.
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"The fine print can be confusing," she said.
"Generally, insurers are more likely to cover mould caused by a sudden event, like a burst pipe.
"Gradual or preventable mould, such as in a poorly ventilated bathroom is often excluded.
"That means many households may be left footing the bill for clean ups, repairs or even professional remediation that can cost thousands."
Arguably even more important than the cost of cleaning up is the cost to health with serious implications to those who ingest or inhale spores.
"On top of a potentially hefty bill, the health impacts of mould can be serious," Sophie said.
"For families with kids, the elderly, or anyone with asthma or allergies, mould exposure can trigger symptoms ranging from headaches to breathing difficulties."
The good news is there are ways to reduce the risks of mould infestations.
"Homeowners can reduce their risks by staying on top of maintenance, fixing leaks promptly, keeping homes well ventilated and cleaning damp areas regularly," Sophie said.
"In humid conditions, a dehumidifier can also help."
Locals are being encouraged to use the warning to check their insurance policies to make sure they understand what is and isn't covered.
"It's important households review their insurance policy regularly to understand what is and is not covered, and shop around to compare policies," Sophie said.
"Coverage can vary widely, so switching could not only possibly save you money, but also prevent nasty surprises if you need to make a claim.
"Mould may be stubborn, but with the right prevention and a clear understanding of your cover, NSW homeowners can help protect both their health and their hip pocket."
