Photo credit: www.kiplinger.com
Weather conditions can profoundly affect the integrity of your home, leading to potentially costly repairs. While homeowners insurance provides essential protection against disasters, it’s wise to be proactive and prevent damage whenever possible.
Data from the Insurance Information Institute indicates that annually, about one in 35 insured homes files a claim due to wind or hail damage, while one in 60 encounters claims related to water damage or freezing. Here are five quick DIY projects that can fortify your home against the elements. Additionally, these efforts might even help you reduce your homeowners insurance premiums.
1. Seal Windows and Doors
Drafts around windows and doors not only increase your heating and cooling bills but can also lead to interior water damage. To tackle this, sealing windows and doors is an effective weekend project. Start by applying caulk to any gaps between your window frames and walls, which can provide a clean and finished appearance. Opting for paintable latex caulk allows you to paint over it for a seamless look.
After caulking, install weatherstripping at the bottom of doors and windows to fill any gaps. Choose an appropriate type that compresses correctly when doors or windows are closed.
2. Install Gutter Guards
Clogged gutters can lead to significant issues such as ice dams and foundation damage. When water doesn’t flow properly through your gutters, it can overflow and harm your home’s siding and other structures. Installing gutter guards can prevent clogs, save maintenance time, and are typically straightforward to install. For instance, Gutter Guard by Gutterglove can be a practical choice as it helps keep debris like leaves out.
While insurance discounts for gutter guards are uncommon, they can prevent roof damages that would otherwise necessitate claims.
3. Add a Sump Pump with Backup Power
A sump pump is crucial for averting basement floods, especially during storms, but power outages can render traditional pumps ineffective. Enhancing your home with a sump pump that has a battery backup can ensure continuous operation during outages. The Basement Watchdog Sump Pump System, for example, features monitoring and alarm systems to alert you of problems.
Most homeowners insurance policies exclude damages arising from sump pump failures. By installing a backup-powered pump, you can potentially avoid claims related to water damage.
4. Secure Loose Fencing and Outdoor Items
Loose outdoor items can become dangerous projectiles during severe weather, leading to a rise in insurance claims. To mitigate this risk, storing items in a wind-resistant shed or employing a tie-down kit for securing outdoor furniture can be effective. Not only does this approach safeguard your items, but it can also enhance the aesthetic of your property.
5. Upgrade Roof Anchors or Shingles
Upgrading your roof might seem daunting, but minor enhancements can lead to decreased insurance premiums. For example, roof repairs can range significantly in cost, as noted by This Old House, with prices ranging from $150 to upwards of $8,000. Simple actions, like applying a protective sealant on shingles, can extend their lifespan and efficacy.
If you live in areas prone to high winds or hurricanes, installing hurricane clips can stabilize your roof, attaching it securely to your home’s framework. Professional installation is recommended to ensure compliance with local building codes.
Additional Ways to Save on Homeowners Insurance
Implementing these weatherproofing strategies may qualify you for discounts on your homeowners insurance, allowing you to save money while maintaining coverage. Insurance providers may also offer discounts for upgrades such as new roofs or monitored security systems.
To optimize your savings, it’s beneficial to contact your insurance provider to inquire about available discounts and inform them once you have completed any improvements.
Source
www.kiplinger.com