Lead Paint Test

BrewSwag 728
Homebrew Talk - Beer, Wine, Mead, & Cider Brewing Discussion Forum

Help Support Homebrew Talk - Beer, Wine, Mead, & Cider Brewing Discussion Forum:

This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
I think you can be comfortable that there is no fraud in not reporting it to your insurance company. The EPA guidelines dont require it. However, if they specifically told you that you must report any such findings (read your policy's small print), and you didn't, then they may likely withhold payment of a claim (especially if the claim was related to the lead.)

I also can't see any justification behind raising the rate just because you found lead in a house where lead is likely to have been. If your worried at all about it, call an insurance company and ask them how this new law affects the rates.
 
MenkeMoose said:
I think you can be comfortable that there is no fraud in not reporting it to your insurance company. The EPA guidelines dont require it. However, if they specifically told you that you must report any such findings (read your policy's small print), and you didn't, then they may likely withhold payment of a claim (especially if the claim was related to the lead.)

I also can't see any justification behind raising the rate just because you found lead in a house where lead is likely to have been. If your worried at all about it, call an insurance company and ask them how this new law affects the rates.
Click to expand...

Not really sure what the EPA has to do with insurance company and laws but I can tell you that it does matter. And there is no need to call some random insurance company. I can tell you that just about every insurance company will either raise your rates or cancel/not accept someone with lead paint. That is true at least for the 6 states that I am licensed to sell insurance in.
 
I mention the EPA because this EPA law was just promulgated last year. Otherwise, you wouldn't have been required to do the testing to begin with.

So my questions are "Wouldn't one already be paying a higher rate for a 1935 home unless you could prove the lead had been abated?" And "If that's the case, why would they care if you had a test that shows there is still lead?"
 
dataz722 said:
I can tell you that just about every insurance company will either raise your rates or cancel/not accept someone with lead paint. That is true at least for the 6 states that I am licensed to sell insurance in.
Click to expand...

Are you serious? What six states is that?

Menke has some damn good questions as well.
 
MenkeMoose said:
So my questions are "Wouldn't one already be paying a higher rate for a 1935 home unless you could prove the lead had been abated?" And "If that's the case, why would they care if you had a test that shows there is still lead?"
Click to expand...

As far as a higher rate already, that really is a case by case basis, sometimes yes sometimes no. It depends on mayn different things like the company, the area, the condition of the home, and updates done to the home.

The reason insurance companies care about lead paint is that it is a liability exposure for them and also could increase the repair costs if there was a physical damage claim.

509inc said:
Are you serious? What six states is that?

Menke has some damn good questions as well.
Click to expand...

VA, DC, MD, DE, PA, and NJ.
 

Similar threads

R
Yet another house question
Replies
1
Views
545
Whisky River
Whisky River
CurtHagenlocher
For Sale FREE - All my stuff for local pickup in Seattle area
Replies
5
Views
590
giraffeman
giraffeman
N
Anyone use the Kegco 61" Commercial Kegerator?
Replies
6
Views
966
Nitrousbird
N
R
For Sale (Indianapolis, IN) FOR SALE....custom built brew stand and ALL of the equipment
Replies
0
Views
616
retiringbrewer
R
mashdar
Sanity Check: Keg vs Fermzilla
Replies
20
Views
2K
CyberFox
CyberFox

Latest posts

Back
Top