GITNUX MARKETDATA REPORT 2024

Mold Lawsuit Duration Statistics

Mold lawsuit duration statistics show that the average duration of a mold lawsuit is approximately 18 months.

Statistic 1

"The average duration of a mold lawsuit is between 1 to 3 years."

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Statistic 2

"Around 8 million apartments in the US have mold problems."

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Statistic 3

"Mold exposure claims can add up to $150,000 in damages for severe cases."

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Statistic 4

"Expert testimony is often required in mold litigation, increasing case duration."

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Statistic 5

"The statute of limitations for filing a mold lawsuit varies from 1 to 6 years depending on the state."

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Statistic 6

"Expert witness fees in mold lawsuits can range from $3,000 to $15,000."

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Statistic 7

"The chances of a mold lawsuit progressing to trial are relatively low, under 10%."

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Statistic 8

"Class-action mold lawsuits can extend over several years due to their complexity."

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Statistic 9

"Mold lawsuit settlement amounts typically range from $3,000 to $100,000."

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Statistic 10

"Lawsuit preparation, including expert consultation and testing, can take 4-6 months."

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Statistic 11

"Over 90% of mold lawsuits are settled out of court."

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Statistic 12

"About 40% of mold lawsuits involve rental properties."

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Statistic 13

"Mold remediation costs used in litigation range from $500 to $30,000."

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Statistic 14

"Legal fees for mold lawsuits can range from $5,000 to $100,000."

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Statistic 15

"Mold cases often take up to 8 months to reach the discovery phase."

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Statistic 16

"Homeowners insurance policies generally exclude mold damage."

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Statistic 17

"Mold cases can involve subjective damages for pain and suffering, which prolongs litigation."

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Statistic 18

"Many jurisdictions require homeowners to disclose mold issues to potential buyers."

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Statistic 19

"Plaintiffs need to provide evidence of a direct link between mold exposure and health issues."

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Statistic 20

"Legal documentation and preparation can add 2 to 3 months to the lawsuit duration."

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