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Asbestos encapsulation is an alternative to asbestos abatement or removal. Suppose you have hired an asbestos testing service and they recommend encapsulation. In that case, they will cover the asbestos with a protective barrier or put it in a sealed enclosure so the fibers cannot escape. Encapsulation usually costs between $2 and $6 per square foot.

Asbestos-containing materials are not easily affected by water and do not disintegrate or dissolve when exposed to it. However, porous materials can deteriorate due to water exposure, leading to the release of asbestos fibers into the air. The settling of asbestos fibers can also occur as water makes them heavy, which reduces the risk of airborne exposure, though future disturbance of the materials could cause risk. Wetting asbestos-containing materials does not constitute safe removal, and the proper handling and disposal of asbestos materials should be left to professionals.

Homeowners’ insurance doesn’t often cover the cost to remove asbestos siding, which averages about $2,900. Insurance policies treat the removal of asbestos siding as regular home maintenance, which insurance doesn’t cover. If your siding suffers damage in a storm, though, it’s possible the insurer may cover the replacement cost, even if the damaged siding contains asbestos.

Some pros may recommend covering a popcorn ceiling that tests positive for asbestos with beadboard ceiling planks or drywall. The cost to install a beadboard ceiling averages more than $5,000, but you likely will pay more than the average for the installer to deal with the asbestos safely. Installing a beadboard ceiling or new drywall will disturb the asbestos and release some microscopic fibers, so the installer will need to take precautions.