CONWAY, S.C. — What can contractors expect from their liability insurance as far as mold coverage goes? “I do not have good news for you,” said J. Hamilton Smith Jr., Esq., of Young, Clement, Rivers & Tisdale, LLP, Charleston, to a group of contractors here.
Traditionally, contractors protect themselves from claims for bodily injury and property claims by general liability insurance, and from claims for work defects with bonds. Much has changed, at least as far as mold goes. Insurance offers little to no liability protection, and bonds, none at all.