Many consumers have faced rapidly escalating Homeowners insurance premiums during the past few years. In some cases, they've had trouble getting coverage, particularly if they have filed several claims.
To reduce the possibility of future losses, you can take a number of precautions, including:
- When washing machine hoses start to deteriorate, replace them with stainless steel hoses, for which your insurance company might offer you a discount. The hoses should not rub against the wall. Also, to prevent leaks, turn off the machine's water faucet when the appliance is not in use.
- If you experience a water leak, make sure it that it's repaired properly and remediated as soon as possible; this might include removing and replacing building materials, such as sheetrock. For larger leaks, call in a professional that specializes in remediation. These measures will reduce the possibility of hazardous and expensive mold losses down the road.
- Consider an automatic water shut-off system for your home. These systems have sensors which detect water leaks and send a wireless signal that interacts with the shut-off valve to turn off the water to the home. Some insurance companies offer discounts for these systems.
- Maintain your roof in optimal condition. A quality roof inspection on a periodic basis can identify sections that need repair, and thus prevent water losses. If you live in an area that's prone to windstorms, use roofing materials that are resistant to high winds.
To learn more about keeping your Homeowners premiums under control - and making sure that you have the coverage you need - please feel free to get in touch with us at any time.
For more recommendations on repair and maintenance of your home, please feel free to get in touch with our agency at any time.