I'm sending this out to friends who are home owners. Rules vary by state. I'm just passing along my experience.
As you may know I've been dealing with a water leak in my house. I came home to find my bathroom flooded. This was a hot water leak from a broken butterfly valve. The plumber was the least of my worries. I had to have a restoration company bring out special fans to dry things out. Some of the sheet rock and my vanity were torn out. It's simply amazing how much damage a little water can do. And hot water to mold spores is like an all you can eat buffet. Even though it was a minor mold situation it still had to be sealed with anti-microbial stuff. And now a contractor will put new flooring and replace the vanity and the torn out sheet rock. Some people can do these kind of repairs themselves. I am not one of them.
What I discovered was that insurers have been quietly dropping mold coverage. You may not have any and just assumed you did. And some policies have high deductibles for water damage. I am strongly urging people to check their insurance coverage--esp about mold. Getting rid of it is quire expensive and not something people think about until it happens. I never made a claim on my condo in Colorado, which I owned for 9 years. I've been in Arizona for two years and have just made my first claim ever for this water leak.
I urge people to check their coverage and to carry homeowners coverage. A neighbor of mine had a tree come down in a storm. It destroyed her roof. Don't know the tab on that one. . Stuff happens out of the blue and it's not just fires that endanger a home.