Attention Property Managers: Prevent Frozen Pipes
DID YOU KNOW…
that an average insurance claim for frozen pipes is $18,000?
With the weather forecasters predicting another Polar Vortex, it’s time to take steps to prevent freezing pipes from happening so that you can reduce the risk of damage to your property. Whether you own or manage a property, being prepared is key to avoiding costly damage.
Helpful tips include:
* Insulate all accessible pipes.
* Keep exterior doors closed.
* Seal cracks and holes in outside walls and foundations near water pipes with caulking.
* If pipes are next to exterior walls or within base cabinets, leave the doors open to increase air flow.
* Keep a slow trickle of water flowing through faucets connected to pipes.
* Install a water leak detection system, which will alert you to respond in the event water is detected.
* Install water shut off valve for when the building is unoccupied.
* Connect your sprinkler system to a water flow alarm that will alert emergency response teams.
* If your property is unoccupied for more than 24 hours, inspect your pipes daily for freezing.
* Have residents set thermostats to 55 degrees if they are going to be away during cold months.
If the unthinkable does happen, start mitigation immediately to limit the damage by using a professional restoration company. Contact your insurance adjuster to file a claim. And most importantly, do not remove or throw away any items until a digital inventory has been captured to ensure all items damaged are documented.
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