Once you buy a home, you’re gambling a lot of financial investment in the property. Very few people buy a home outright, and most rely on mortgages to afford the home. Therefore, losses that affect your home could also affect your financial stability.
If you don’t maintain your home, you put it at risk of losses and damages. By failing to keep your home in good order, you also face insurance liabilities. Neglecting your home could cause undue home damages. The extent of those damages may impact your ability to file a successful claim.
There are many everyday habits that can put your home at risk. Even neglecting some simple tasks could lead to problems down the road. Try keeping these practices to a minimum to help prevent rising risks in your home.
Don’t Let Foliage Accumulate
Foliage around your property can be an insurance risk. If an unstable tree falls, it could damage your home. Leaves could clog your gutters, causing them to overflow and flood portions of your home. If you leave debris in your yard, it could be a fire risk or a projectile risk in severe weather.
You should frequently do yardwork to keep on top of any potential foliage risks. Make sure you remove any dead foliage promptly. You should also cut trees and shrubbery back from home so they don’t pose a collapse risk.
Monitor Your Electricity Usage
If you leave the lights on or run your water heater on a high temperature, you could increase your utility bill. But, you could cause even more damage than that. Overburdening your electrical system raises your risk of failures that could spark fires.
Turn off lights when you aren’t in the room or out of the house. Consider turning down your heating systems to reduce strain. If you’re leaving for long periods of time, turn the electricity off completely until you return.
Watch Out For Leaks
Even a leaking faucet increases the possibility that you could overburden your pipes. A leak could always develop into a burst pipe. Home insurance typically doesn’t cover flood damages, so try to reduce the risk of water damage.
Manage Your Own Security
Break-ins and theft usually have coverage under home insurance. However, you still need to take precautions. Make sure you keep items of extreme value locked in secure areas like safes or filing cabinets. Additionally, take steps to secure the home before you go out. Lock the doors and windows, close garage doors and arm security systems.
The best way to avoid home insurance claims is to maintain the home while you live in it. If you let the home deteriorate, you face higher insurance risks. Don’t let your daily habits come back to bite you.
We are here to help you find great Bend OR home insurance coverage for your unique property. Get in touch with us today at (541) 383-1733 .