3 Common Home Insurance Claims and How To Avoid Them

Wasim Bux is Product Manager at the car and home insurance provider iGO4. Here, he shares his top tips for avoiding some of the most common insurance claims, so you can keep your premium down.
 
As a homeowner, you'll need home and contents insurance, as it'll give you financial protection against accidental damage, burglary, water damage, and more. But, if you ever need to make a claim on your insurance, there's a chance that your premiums will shoot up. And, you'll often have to pay an excess.
 
To give you the best chance of avoiding this, I'm going to outline three of the most common home insurance claims and explain how you can reduce the risk of falling victim to them. Read on to learn more.

Water damage
 
More often than not, water damage is caused by faulty washing machines and dishwashers, or leaking pipes and radiators. And, the longer these problems are left undetected or neglected, the more likely it is that they'll wreak havoc on your flooring, furniture, and potentially even the structure of your home.
To prevent this from happening, it's important that you maintain all of your home's pipes and appliances the best you can. And, check for leaks on a regular basis so you can address any problems as soon as possible. You should also look out for damp or mould, the sound of dripping, or any unexplained puddles. If you come across any of these issues, it's vital that you enlist the help of a professional who can investigate and fix the problem for you as soon as possible, to prevent serious damage.
 
Water damage occurs more often in the winter months, because frozen pipes are more susceptible to bursting. This means you should ensure your home is well-heated throughout the colder seasons and pay close attention to the likes of your outbuildings, loft spaces, or garages that have water supplies.
 

Accidental damage

 
If there is a one-off, unexpected, and non-deliberate external action that harms your home, this will usually be classed as "accidental damage". For example, if your television simply stops working properly, this isn't something you can claim for. But, if it gets knocked off its unit and the screen smashes, you will usually be eligible to make a claim on your home and contents insurance. 
 
Of course, the terms can differ from policy to policy. So, when you take out insurance, you should make sure you have a clear idea of what your provider classes as accidental damage. Otherwise, you could be in for some nasty surprises if something does go wrong. 
While you can never be prepared for everything, and accidents will always happen, there are some precautions you can take to limit the damage they'll do. For example, leather sofas are far more durable and easier to clean than those upholstered with fabric, and it can pay to invest in shock-resistant cases for your family's electronics. Look around your home and decipher what could be accidentally damaged or pose as a hazard. Then, take the appropriate steps to lower the risks.
 

Burglary

 
Being burgled can take a lot of time and money to recover from. Not only do you have to consider the cost of replacing everything that was stolen, but you'll usually have to pay for any forced doors, broken locks, or smashed windows to be fixed. This means you'll usually need to make a claim on your insurance, so you can afford to do everything.
 
Luckily, there are plenty of things you can do to deter burglars and ensure that it's as hard as possible for them to break into your home. For example, if you're going away on holiday, put your lights on a timer so it still looks like you're home at night, and burglars will be far less likely to try their luck. You should also invest in a security system that you can activate whenever you leave the house. These can include CCTV systems that you check in with on your phone and alarms that will alert you, and maybe even the local police, as soon as it detects an intruder.
 
Finally, take special care to ensure that any garages, sheds, and outbuildings you have are secured. Not only could thieves take things you've stored away, but they could also use any tools or ladders you have to gain entry to your home.
 
Following the tips I've outlined in this article should help you to avoid making some of the most common home insurance claims that are likely to increase your premium. And, knowing your home is secure as possible should give you peace of mind, too!
 

Publish date: 26/09/2018

Publisher: New Home Finder

Url: https://www.newhomefinder.co.uk/new-home-info/finance-legal/3-common-home-insurance-claims-and-how-to-avoid-th