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Asbestos siding can be dangerous, but it doesn't necessarily pose a health risk if it's in good condition and left undisturbed. The danger comes from inhaling asbestos fibers, which can be released if the siding is damaged, deteriorating, crumbling, or disturbed during remodeling or repairs. Exposure to these airborne fibers can cause serious, life-threatening diseases like asbestosis (lung scarring), mesothelioma (an aggressive cancer), and other lung cancers.

If your asbestos siding is intact, the general recommendation is to leave it alone. However, if it's damaged or you plan to renovate, it's crucial to handle it safely. Due to the significant health risks and the difficulty of containing the fibers, it is not recommended to perform any asbestos work yourself. Instead, you should hire a professional asbestos removal company to inspect, repair, encapsulate, or remove the material. The presence of asbestos can also negatively impact your property's value.

Unfortunately, home inspections do not check for asbestos because of the liability factor involved. That’s why you should hire a trained professional with specialized equipment to test for it. 

They will inspect all areas of the home and take samples of various materials to test. Opting for an asbestos inspection can prevent the risk of exposure to this hazardous material and save on costly repairs that may be required. 

While it's possible to cover asbestos tile with carpet, it's not recommended. Encapsulating tile beneath carpet doesn't eliminate the health risks. Over time, the asbestos tiles could degrade, releasing fibers into the air and potentially contaminating the carpet. Disturbance during carpet installation or removal might also release fibers.

Depending on the size of your home, the inspection process could take a few hours or a few days. While inspecting your home, the asbestos specialist will take small sections of the potentially contaminated material. They will then send the sample to an accredited laboratory or the local health department for testing. 

The cost of asbestos testing depends on your location, the home's size, and the testing area's complexity. Plan to spend between $230 and $800 for testing. During testing and while handling potential asbestos, the specialist may wear protective gear, including gloves, overalls, appropriate footwear, and respiratory equipment.