Even though no one plans for their home to get damaged, accidents can happen. Considering that 1 in 15 homeowners tend to file a claim on their insurance every year, having the best homeowners insurance from Alberta is a wise investment. But did you know that the fewer claims you file, the higher discounts you can get on your policy? If you want to stay away from claims on your policy, here are a few tips to know your risk exposure and prevent accidents around your home:
1. Water Damage
Water damage from non-natural events is one of the most common causes of claims and also the costliest. This isn’t covered in your basic policy, irrespective of the cause. Thus, you might need an additional rider to cover this kind of damage. It could be because of pipes bursting, plumbing issues, discharge of hoses from washing machines or dishwashers, etc. To minimize water damage, place a water sensor and alarm near appliances that are using water on a daily basis. Also, monitor your older appliances for leaks and repair them immediately.
Nearly 6% of home insurance claims are due to theft. Luckily, homeowners can take several precautionary measures to reduce their losses from theft on their property. One of the easiest things you can do is to lock your doors and windows when you aren’t on your property. Remember to lock the doors of your garden, shed and garage as well. You can also install a security system that will raise an alarm if someone is trying to enter your property. By installing the right systems, you can prevent thefts and also get a discount on the best homeowners insurance in Alberta.
3. Fire Damage
Fire damage can be expensive and exhaustive. It is important to take precautionary measures to prevent a fire at your property. Make sure you have smoke detectors on every floor and inspect them annually to check if they are working. Change the batteries in the spring or fall when you change your clock for Daylight Savings. Also, get your chimney inspected and cleaned annually to prevent a buildup which can lead to a chimney fire. Fires also tend to start in the kitchen. Make sure there is no clutter around the stove or oven and there isn’t anything flammable around. Lastly, never leave a burning candle unattended. If you’re leaving the room, make sure to snuff it out.
4. Slips and Falls
Another home insurance claim is of personal injury, which is covered as personal liability coverage in your policy. If anyone slips and falls on your property, you will be obligated for their medical bills and any legal expenses. Replace any broken front steps, uneven patio stones, and remove the snow from your property. Also, install hand railings on all the indoor and outdoor stairs.
5. Wind and Hail
Though you can’t stop the extreme weather, you can lessen its impact on your home. Install hurricane cliffs on roofs, storm doors and windows and store all patio furniture safely prior to a storm. Inspect and replace any loose shingles or tiles at least once every year. Always keep your shrubs, trees and bushes trimmed properly and free from dead branches as they can damage your property if they are picked up by high winds.
Remember that you need the best homeowners insurance in Alberta to protect your home and its belongings. However, by taking a few important precautions, you can prevent a lot of damage and claims in the long run.