In the spirit of contribution, collaboration and community, I am pleased to bring you this, the first of many partnership interviews with experts I love and trust to improve the value of your home.
Flooding Is Your Home Waterproof
April showers bring May flowers …” and quite possibly flooding. Flooding can happen anytime, anywhere causing damage to your home and personal belongings. It doesn’t take much water to cause that property damage either. The National Flood Insurance Program says, “Just 1 inch of water can cause almost $21,000 in damage to a 2,000-square-foot home. According to the National Oceanic and Atmospheric Administration (NOAA), “Flooding causes an average of $8 billion in property damage in the United States each year.”
Flooding Is Not Covered by Homeowner’s Policies
Most people do not realize that their homeowner’s insurance does not cover flooding. As a homeowner, you must purchase flood insurance specifically and in addition to your homeowner’s policy in order be covered in case of flooding. Lenders might require proof of flood insurance from a potential homeowner if the home is located in a flood zone. Are you concerned whether or not flood insurance may be required of you as a potential homeowner? Connect with an insurance professional with the help of your real estate agent. He can help you find out early if flood insurance is required.
Waterproofing Your Home Beyond Your Homeowner’s Policy
You can safeguard your home from the damages caused by flooding. Why not protect your real estate investment by taking these precautions:
Wood floors and carpeting are more likely to rot if your home floods. Play it safe and lay tile or stone on ground-level floors.
Roof leaks, no matter how big or small, can cause major damage to your home. Check your roof for leaks regularly. Take care of any leaks you happen to find immediately. Also, consider installing a rubber roof underlayment the next time you replace your roof. This waterproof layer will protect your home from water that can enter your home through the roof.Identifying Roof Problems
Sump pumps should be installed or at least be kept close at hand should water enter your home. You’ll be glad to have one to remove any excess water that creeps into your home!
Flooding Doesn’t Always Happen When It Rains a Lot
Water damage caused by flooding doesn’t always happen when it rains a lot. What if a pipe bursts during the winter months? Broken pipes, dishwashers, washing machines, your icemaker’s water filter, a faucet left running unattended can cause flooding in your home. Wherever there is water, there is the possibility of flooding. Save yourself huge amounts of money down the road. Check for water problems often and fix or repair leaks right away.
Buyers, do you have questions about flooding and whether or not you’ll need flood insurance? Call me, Sam Lepore of Long & Foster in Moorestown, NJ, at (856) 297-6827. I will connect you with insurance professional to help you find out early if flood insurance is required or not for your new home.
Sam Lepore is a Realtor with Keller Williams in Moorestown, NJ. Call him today at 856.297.6827 ....