Mold is a serious problem, and both commercial buildings and private residences are susceptible to it. When a firm is called upon for mold remediation in NJ, customers are sometimes not sure why the cost estimate is so high. Here are some of the reasons.
The typical cost of insurance for people who do mold remediation in New Jersey is between $5,000 and $8,000 per year. The policies are designed to cover environmental hazards (damage to the environment by either accident or negligence), personal injury, Errors and Omissions (insurance that protects the company in the case of a lawsuit) and property damage.
Mold remediation in NJ is an intricate and sometimes slow process, which does add to the project cost. But because so much care must be exercised when performing this service, slow and steady is the best way to undertake it. Racing through a job could result in a variety of injuries and damages to both humans and structures. Professional mold remediation in New Jersey is often slow work for similar reasons that brain surgery is slow work – chances simply cannot be taken.
For a modest project involving mold remediation in NJ, 10 gallons of a special fungicide are used. This product costs approximately $50 per gallon, bringing just this part of the overall cost to $500. Very large and extensive projects require much more fungicide. Additionally, licensing from the Environmental Protection Agency is mandatory before a firm or an individual technician can use this mold-killing product, and licensing can get expensive.
Numerous pieces of equipment are used in performing mold remediation in New Jersey. Air scrubbers, negative air machines, airless sprayers, foggers, thermal imagers and personal protective equipment can run in the neighborhood of $10,000. All of this equipment must be meticulously maintained and parts or entire machines replaced when they begin to wear out. This expense is necessary because of the high level of risk associated with mold remediation in NJ. Faulty equipment is unacceptable.
No company can perform mold remediation in New Jersey without adequate workers’ compensation insurance. That would be a violation of state law and could easily get the company’s license taken away. This insurance is very expensive because of the potential hazards to remediation workers’ health. Many people are surprised to learn that the cost of workers’ comp. insurance for firms that do mold remediation in NJ is about the same as what coal mining outfits pay to insure their workers.
Finally, people who perform mold remediation in New Jersey must have two years’ direct field experience in order to become certified. Doing this work requires a thorough knowledge of the different species of mold, how mold grows, where it can grow, how to test for it, how to work with it without causing health risks to people in the vicinity, and numerous other elements. Mold remediation in NJ is a professional service, and those who do it are paid a professional wage.
As you can see by this list, providing mold remediation in New Jersey is an expensive undertaking. Companies must spend a lot of money to ensure the safety of their workers, of the environment and of the buildings on which work is performed.