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Asbestos is a carcinogen, meaning it increases the risk of cancer. Inhaling asbestos fibers is linked to several respiratory issues, including asbestosis, or scarring on the lungs, lung cancer, and mesothelioma, another type of cancer. There's also a link between asbestos exposure and an increased risk of colon cancer and other cancers of the digestive system.

Usually, the people most at risk for disease related to asbestos exposure are those who spend a lot of time working around the material without protection. Electricians who work with asbestos wire have a higher risk of developing mesothelioma or lung cancer due to their exposure.

If you hire a dedicated asbestos inspector near you in addition to your local home inspector, it will cost between $200 and $800. If, however, your general home inspector happens to be certified as an asbestos inspector, they can charge you a smaller fee and tack on the cost to the home inspection. In general, home inspectors do not do physical testing, but will provide a visual assessment so you know what you are working with.

You can tell if old flooring has asbestos if thick black flooring adhesive is underneath the tiles. However, homeowners should not cut into linoleum floors to look for this adhesive. Instead, hiring a specialist to test the floors is the only safe way to determine if old flooring has asbestos.

Since the EPA partially banned asbestos in 1989, it is no longer used to manufacture new siding in the United States; production had largely ceased by the early 1980s. Many other countries, such as Canada, Iceland, and Denmark, also have bans on asbestos. However, asbestos siding is still present in many homes built before the late 1980s. The only definitive way to know if your siding contains asbestos is to have it professionally lab-tested.