Don’t let leaky pipes turn your dream loft into a high-cost insurance nightmare
Owning and living in a loft can be one great experience, but only if you take the time to make sure that your space’s inner workings – especially the plumbing – are up to snuff.
“Companies are scared to death of water claims because they can lead to mold, and mold is very expensive to remediate,” said Bill Wilson, vice president of education and research for the trade group Independent Insurance Agents & Brokers of America.
Homeowners in the UK face a similar picture. Leaking water from pesky plumbing is the cause for the most frequent insurance claims according to data from UK insurance provider AVIVA. The problem is further exacerbated during colder months.
“You may well be able to claim for the cost of any repair or redecoration work on your buildings insurance policy,” said Confused.com’s Chris Torney, “but the best bet is to prevent a problem before it happens.”
Prevention is indeed better than a cure, so here are some handy DIY tips from the Dublin-based company The Attic Man:
- Insulate external pipes and any internal ones that are exposed to freezing, paying attention to corners and elbows of pipework as these tend to be the most exposed.
- Turn off any indoor valves on the pipes leading to taps outside your home. Then open the outside tap and leave it open to let any water drain. This will ensure there’s no water in the pipes to freeze.
- During cold seasons, check all your taps in your home from time to time. If little or no water flows there may be frozen water in the pipes.
- If you’re away from home during the winter, ask someone to check your home – this should help ensure burst pipes are spotted early and any damage is kept to a minimum.
If living in a loft has long been a dream of yours, don’t let a few leaky pipes turn it into a washed out nightmare. By following the tips above, you can ensure that your days of living the loft lifestyle aren’t marred by high insurance and repair costs.