How To Minimize Emergency Home Repairs

How To Minimize Emergency Home Repairs

A surprise can be fun on some occasions, like your birthday. But when it comes to home repair emergencies, a surprise is the last thing you want. 

Unfortunately, this is a situation all too many homeowners find themselves in after a home emergency. Often they discover that a repair they assumed would be covered by their home insurance or local utility is actually their responsibility to fix. 

From water and drainage systems to electrical and heating/cooling configurations, your home is a complex network of pipes, wires and electrical components that could require an emergency repair at any time. 

An outside water pipe breaking or a sewer line collapsing can easily rank as a homeowners' worst nightmare; however, when an emergency occurs, most homeowners are not aware of who is responsible for the damage. In fact, less than 50 percent of the homeowners in a recent national survey, conducted by GfK Roper Custom Research, knew that they were responsible for repairs to the water line between their house and the street.

This is where companies that offer emergency home repair plans, such as HomeServe, can make the difference between peace of mind and an expensive and time-consuming repair. 

"According the results of the survey, one third of all homeowners responding assumed that their local utility was responsible for the cost of a burst water line between their house and the street, when this is usually not the case," says Tom Rusin, chief executive officer of HomeServe.  "One of the challenges of home ownership is that the potential for expensive repairs is always out there.  In fact, repairing a water service line can cost more than $2,000 and simply clearing a blocked drain can cost upwards of $350." 

Rusin suggests that all homeowners do the following things to minimize the potential financial liability and hassle associated with home repair emergencies: 

1. Speak to your homeowners insurance agent to get a clear understanding of which areas of your home are covered by your insurance policy and which ones are not. Potential trouble spots include interior and exterior electrical wiring, outside water service and sewer lines, inside plumbing and gas piping, central heating and air conditioning systems, and the water heater. 

2. Similarly, speak to your local electric, gas, and water utilities to determine equipment that you may be responsible for. As mentioned earlier, the water and sewer lines that run underneath the lawn are the responsibility of the homeowner in the vast majority of cases. 

3. Proper maintenance of home components greatly minimizes the chance of an unexpected emergency. For example, check the air filter on your central heating or cooling system regularly and change it about once every three months during the season. Protect water pipes from freezing with proper insulation or draining them prior to winter. And fix leaky faucets and toilets to save water and prevent bigger problems. 

4. Consider a home emergency protection plan that can relieve you of not only the financial burden of a home emergency, but also the uncertainty involved in looking for a repair person on a Sunday afternoon. 

 "The more prepared homeowners are for a home repair emergency, the more peace of mind they'll have and the more time they can spend enjoying their house with their families," says Rusin.

Curious what your home is worth?  Use our FREE online valuation tool Click Here !

Karen Venier is a Broker Associate at Keller Williams. She is a part of Carr Peck Group which has been recognized locally and nationally as in expert in real estate.  Locally they are 6th in Denver Metro home sales out of 5,000 agents and have been recognized by the Wall Street Journal and Real Trends as one of the top selling agents in America.  For more information feel free to 
contact her  or call 303-908-9584.  

Photo provided by www.freedigitalphotos.net
Content provided by emerge marketing


Jason Peck Headshot
Author:
Phone: 720-446-6301
Dated: April 30th 2014
Views: 1,807
About Jason: ...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Open House 3745 S Walden Way Aurora CO 80013 - HOME FOR SALE 3745 S WALDEN WAY
Remodel With Main Floor Master And Stunning In Law Suite - Open House on Sat 9/16 from 1 pm -
Open House At 13676 E 5th Pl Aurora CO 80011 - Open house Monday, 9/11 from 2-4pm
Open House In Columbine West Neighborhood - 8212 W Quarto Drive Saturday

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Keller Williams Realty Downtown LLC
901 Auraria Parkway Suite 301
Denver, CO
720-279-9925


Other Locations