If left unnoticed, many plumbing leaks can become very expensive. Most homeowners and commercial property policies cover the cost of a burst pipe or damage from a sudden, unanticipated plumbing event. They do not cover a plumbing problem that has been brewing for years. This could end up costing you a lot.
A plumber should be called in to check the water pressure and visually inspect your home periodically. However, homeowners and business owners who are savvy would prefer to avoid hidden plumbing leaks that could lead to huge financial losses.
Slow Plumbing Leaks
Did you know that homeowners insurance policies might not cover slow leaks and poor maintenance? A slow leak such as one from your water heater might not be covered by your insurance. Insurance may not cover the cost of repairing a steady drip that damages the plywood or floor underlayment surrounding your water heater. The entire cost of the repair could be yours.
Many water pipes are hidden within walls, ceilings, and floors. A small leak may not be visible. The cost of removing walls and ceilings to fix a plumbing leak should be covered by homeowner’s insurance. Make sure you check yours. You can always get another one if yours doesn’t include a deductible.
Mold Damage from a Leak in the Plumbing System
A pipe in the wall is another sneaky plumbing leak that might go unnoticed for a long time. Small drips can go unnoticed, and mold growth could occur. Mold growth that is not controlled can lead to respiratory problems in the family.
Mold problems can be a problem if you or your family suffer from symptoms such as respiratory issues that disappear when you are away from home. This can make it more difficult for seniors and infants to breathe. You should also consider air quality inspections in many home security systems.