insuRance


take the Risk


BelindaThorpe offers


some advice on reducing your chance of a water damage claimthis winter


Don’t


Waterdamage accounts foraround75% of insurance claims in flats andapartments andisaparticular problemduringthe wintermonths. It generally occurs following inadequatemaintenanceleadingtocorrosion of internal andexternalpipework, leaking copper pipesorfailure of plasticpipejoints, poormaintenanceofseals around bath and shower areas, andaccidentaldamage to hidden pipes.


*


Reduce youRRisk First –andmost important–ensureall pipes and tanks exposed to winter temperatures arewelllagged. Then followthesesimple


steps: nBe aware of the equipment and installations in your block that are capable of causingaproblem.For example, boilers, showersand washingmachines.Guidance should be putinplace forall residentsto ensure regular checks are carried out as part of aplanned preventative maintenance


programme. nAdvise all leaseholders onwhat to do in theevent of aleak, howtoisolate theirwater


effecTive riskmanagemenT


is thekey to reducing insurance claims andalsotomaintaining or reducing your premium.


62


Winter 2011 Flat Living


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