While it (finally) seems time to put away the snow shovels, scientists around the world warn that blockbuster storms such as Nemo and Saturn are likely to become the norm. Weather patterns currently are in a state of upheaval, bringing with them more powerful storms, floods and droughts. So, how will the climate change affect homeowners insurance, and what can you do to protect your home?
While the full extent of the climate change remains unclear, it does increase your home’s exposure to potential storm-related damages. Currently, insurers price winter storms into their home policies. Yet these recent storms have caused damages that extend beyond those covered in typical policies. As a result, it is likely that homeowners insurance rates will inflate in upcoming years to account for the increased damage potential. Therefore, it is important to take certain precautions to keep your house protected and your costs down.
Reduce the risk of tree damage. Spending a little money now may stop a tree from turning into a big cost later. Schedule regular maintenance, and have your trees inspected on average every five years. If a branch is hanging within 10 feet of your house or in need of buttressing, the arborist will arrange for workers to fix it before it becomes a danger next winter. While this means you need to budget for maintenance, CNN Money cites the trees will more than cover those costs over time. For example, larger trees provide protection from basement flooding; their shade can reduce air conditioning costs, and they block harsh winter winds that make the house colder and raise heating expenses.
For tree maintenance services in and around Boston, visit the YellowPages.
Prevent ice dams. Ice dams form when warm air leaks through your roof and melts the snow, which refreezes when it reaches the roof’s cold overhang. This causes water to back up and leak into the home, ruining walls, ceilings and insulation. Fortunately, this damage is preventable by ensuring that your roof is properly insulated and ventilated. Center-Point Energy and Energy Star are good resources for show how to do the project yourself. Or, for trusted businesses in the area that can help with insulation, visit Superpages.
Additionally, having a properly insulated and ventilated roof will do more than prevent ice dams and protect your home from next winter’s damage. According to the U.S. Green Building Council, a well-insulated roof can drastically reduce your heating and cooling needs along with your electricity bill and your home’s emissions. For more ways to make your roof energy-efficient, visit the Green Home Guide.
Protect against high winds. According to FEMA, protecting your home from damages that high wind speeds cause is one of the most important tasks you can do to avoid nightmare costs and perils. Make sure to check that your doors, windows, roof and garage – which are the areas of weakness against the wind – are secure and strong enough to withstand high speeds. You may have to purchase reinforcing bolt kits for doors, especially ones that are double entry. It also is a good idea to get storm shutters, but check with your local building official first to see if a building permit is required. In addition to buttressing your doors and windows from high winds, Against the Wind details how to protect your roof and garage.
Furthermore, it is a good idea to speak with your insurance agent to ensure your homeowners insurance policy provides you with the right coverage for your area. We can also assist you with coverages you may need in addition to your homeowners policy.
Vargas & Vargas Insurance is dedicated to meeting all of your coverage needs at a price you can afford. Call and speak with a friendly agent today at 877-550-0025.
