Landlords urged to protect property from cold weather
3rd February 2012 - The cold weather and icy conditions
are set to worsen this weekend, and landlords are being urged to
think about protecting their properties from the freezing
conditions.
During the period of snowy weather and sub-zero temperatures
last winter, insurance claims for damage caused by weather-related
flooding went up by almost 50%.
“Last year’s extreme cold resulted in a spate of claims due to
frozen pipes bursting,” said Steve Barnes, Broking Manager of NLA
Property Insurance.
“Landlords should ensure their properties are properly protected
during winter. It is vital landlords have the correct and
up-to-date insurance in case the unthinkable happens,” added
Barnes.
For other insurance companies, escape of water claims went up a
lot more than 50% during the cold winter last year.
“During the cold snap just over a year ago, escape of water
claims rose by a staggering 900%,” said Eddie Hooker, CEO of Total
Landlord Insurance.
“While the weather cannot be prevented, precautionary measures
can be taken by landlords and tenants to minimise the risk and,
should the worst happen, limit the resultant damage.”
Things like burst water pipes can cause thousands of pounds
worth of damage if the flooding is severe, so landlords are being
urged to take precautionary measures ahead of the expected drop in
temperature.
“It is worth checking that all pipes and tanks in the loft are
adequately insulated and that overflow pipes are connected and not
blocked, especially if you have taken on new tenants in the last
year that may have used the loft space and unwittingly moved or
dislodged something,” added Mr Hooker.
Landlords should also check that gutters and downpipes are free
from cracks and are secured properly, as snow and ice can add
excessive weight, resulting in damage.
To ensure that landlords are covered in the event of damage
caused by the cold weather, they should take out landlords insurance.
