Have you recently discovered that your cozy abode hosts an unwanted guest called radon? This naturally occurring gas can sneak into our homes through the most minor cracks and openings. While it’s different from the kind of guest that’ll help with the dishes, it can overstay its welcome with unpleasant effects. Now, if you’re scratching your head wondering if your insurance plan will step in to show radon the door, you’re in the right place! In our latest dive into home safety and insurance, we’ll explore the ins and outs of radon mitigation coverage. Does insurance cover radon mitigation, or is it more of a “not in my backyard” situation? So, grab a cup of something warm, settle in, and unravel the mystery of insurance coverage for radon mitigation together!
What is Radon Mitigation?
Radon mitigation is like calling in a superhero team for your air quality. It’s a bunch of methods that help reduce the radon levels in your home to ensure the air you’re breathing is safe. Think of radon like invisible, unwanted guests at a party in your house. Mitigation is the polite but firm bouncer that shows them the door.
Does homeowners insurance cover radon mitigation?
Most of the time, regular home insurance won’t pay for fixing problems with radon gas. That’s because radon is standard in nature, and it’s up to the homeowner to keep an eye on it, not the insurance company. Insurance is there for surprises that you can’t predict, and radon isn’t one of those surprises.
Even though insurance usually doesn’t help with radon, if you’re buying a house and find out there’s a radon issue, sometimes the person selling the home might help pay to fix it. Or you both can agree to split the cost.
Special insurance plans might help with radon, but they’re uncommon.
If you need a radon problem fixed in your home, you must pay for it yourself. This is because things like radon are considered environmental issues, and most home insurance doesn’t cover those.
Does the home warranty cover radon mitigation?
Radon mitigation may be covered under a home warranty. No, usually. Home warranties cover appliances, HVAC, and plumbing, but radon is not.
You may qualify for financial aid if your insurance policy doesn’t cover radon mitigation. Low-income homeowners can get radon mitigation subsidies in some states. There may also be tax credits or deductions.
If your property has high radon levels, you should mitigate it regardless of whether your insurance covers it. Radon is a severe health risk that can be mitigated. Don’t hesitate to call an expert to fix your home’s radon problem.
Who Pays for Radon Mitigation?
Just because your future dream home has a radon issue doesn’t mean you’re stuck with the bill. Sometimes, the seller will take care of it because it’s still their home. Other times, you might have to negotiate—maybe split the cost or, if you’re not so lucky, cover it yourself.
How Much Does Radon Mitigation Cost?
The price tag on peace of mind varies. According to the Kansas State University National Radon Program Services, it could be anywhere from $800 to over $1,500. Many things affect the price, like how the home is built, what it’s built with, and even the weather around you. Plus, there’s the aesthetics—if you don’t want to see the mitigation system, it might cost you a bit more to have it hidden away.
Types of Radon Mitigation Systems:
- Energy Recovery Ventilators (ERV): Imagine you could recycle the air in your home so you’re always breathing fresh. That’s what ERVs do. They grab the old air, clean it up, give it a temperature tweak to make it cozy or relaxed, and then send it back into your house.
- Heat Recovery Ventilators (HRV): These are like ERVs’ cousins. They also take the stale air but are good at snatching any leftover warmth before saying goodbye. This means you get fresh air without losing heat, which is especially handy if you live where it’s often humid or chilly.
- Above Slab Air Pressure Differential Barrier Technology (ASAPDB): This one’s a mouthful, but think of it as sealing up your home tighter than a drum. It stops radon from sneaking in through the cracks by keeping the pressure inside different from the pressure outside.
- Active Soil Depressurization (ASD): Most homes will use this method. It’s like putting a giant vacuum in the ground that keeps radon from rising into your home. It’s a popular choice because it’s effective for almost any type of building.