Fire and Water

Fire preparedness is at the top of our minds when it comes to our homes. However, water is almost ten (10) times more likely to damage a home than fire according to claims research that Travelers Insurance recently shared with us at Sean Paul Insurance Agency. And when it happens, broken or leaking water pipes can cost on average over $5,000 in damage according to the Insurance Institute. This could include damage and decay of wood structural members, floors and flooring, ceilings, and the buildup of mold and mildew.

Our homes are typically equipped with smoke detectors checked annually, but we rarely have leak detection devices or inspect our plumbing pipes annually as is recommended. As long term damage from persistent leaks could be your responsibility since many insurance policies exclude maintenance related problems, its advisable to add a plumbing inspection to your annual home safety checks. Here’s a helpful resource that Travelers and other insurers have helped develop for your convenience:

Three Steps of An Annual Plumbing Inspection

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