If you need mold remediation, you’re probably looking at a bill of a couple thousand dollars or more. Sometimes, though, your homeowner’s insurance policy may cover some or all of the costs of the remediation. If the black mold forms because of a covered event, such as a storm that damages your roof, and causes leaking or flooding in the basement, it’s possible the policy also covers mold remediation. It never hurts to ask your insurance company if it will cover the cost of black mold remediation.