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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.

It is best to wear a respirator during the sanding, painting, and sealing process. It can filter particles, vapors, and fumes that can be toxic to breathe. So it’s better to be safe and protect your lungs during this project.

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 the tiles are undamaged and in good condition, painting can be a safe method of encapsulating them, but it is important first to evaluate the state of the tiles before proceeding. If the tiles are deteriorating, damaged, or already loose, simply painting over them fails to address the underlying issues that can cause asbestos exposure. It is recommended to consult asbestos abatement experts in such situations to identify the best way to safely manage or remove the asbestos-containing materials. During the painting process, it is crucial to adhere to safety regulations and guidelines to reduce the potential health risks associated with asbestos exposure.