MOSR buildings can be at risk of escape of water and residential properties are no different. There are several factors that can cause an escape of water in a home, including burst pipes, heavy rainfall, corrosion and blocked drains.
Insurance claims for these issues can be expensive and providers are asking for increasingly tough measures when it comes to preventing and assessing escape-of-water issues. If you’re a landlord, you can expect to have to explain how you are mitigating such risks as well as take out appropriate landlord insurance, to ensure that your building – and finances – remain properly protected. If you’re looking for a service in Canada, search for landlord insurance ontario.
Subscribe to our daily newsletter
Why? Free to subscribe, no paywall, daily business news digest.
We’ll take a look at some simple ways in which you can help prevent damage from escape of water.
Regular inspections
Carrying out regular inspections is important all year round but especially during winter periods when pipes can freeze over easily. Make sure to check all pipes leading to and from the property, as well as valves, water heaters and drains. You should investigate all potential leaks, damages and ill-fitting covers to prevent a more serious water-escape issue.
Maintain plumbing systems
This is important to identify and prevent any hidden leaks. Shower and heating systems should be looked over for any signs of failure and all taps should be thoroughly checked, as what can seem like a minor issue can progress into a major leak if left unrepaired. You should also make sure that the water pressure is at the correct rate as well as checking under the sink and around all bathroom fixings.
If you do come across any potential leaks or plumbing concerns, it’s a good idea to contact a professional to assess the damage and carry out the correct repair work.
Training and awareness
Ensure that all residents in your properties are aware of where stop cocks are located and are able to turn them off in case of an emergency. Encourage residents to contact you in case of any leak so that it can be attended to before further damage occurs.
Tenants should also know how to contact their local water company if an emergency situation arises relating to the water supply.
Leak location equipment
There are tools available that can detect leaks in systems and can even close off water supplies if this happens. Such equipment can also make it easier for plumbing professionals to fix issues before they become out of hand.
Taking care to prevent leaks and water damage in the first place is the easiest solution when it comes to expensive repair bills and insurance claims. Spending a bit of time carrying out the above checks will help to ensure that your property is kept free from escape of water, whatever time of year.