PLMIhard
A Michigan HO-3 typically limits mold remediation arising from a covered water loss through which mechanism?
AMold remediation is paid in full with no dollar sublimit whenever the underlying water damage originates from a covered peril listed in the policy.
BMold is excluded entirely and cannot be added back.
CMold is treated as a separate policy and not part of the HO-3.
A specific mold sublimit (e.g., $5,000-$10,000) applies even when caused by a covered peril.
Why this is the answer
While direct water damage from a covered peril is paid in full, resulting mold remediation is subject to a specific sublimit on the MI HO-3, commonly $5,000-$10,000. Higher limits may be purchased by endorsement.
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