A Look at the Most Costly Home Repairs
When you committed to homeownership, you approached it with foresight —having a home inspection before signing on the dotted line, getting homeowners insurance, and learning all about your home's unique features. So you probably expect to be suitably protected against costly home repairs. But is that the case? Not always.
Calamities can occur even in well-maintained homes. Homeowners insurance does address some problems, but many common issues fall outside the realm of what most policies cover, leaving you with astronomical repair bills. Here are five examples of home repairs that can hurt the most:
- Main line stoppages: If your kitchen sink is slow to drain, or your toilet tends to overflow, it might be a simple localized clog in a pipe. But if you find everything is draining slowly or backing up — dishwasher, washing machine, all the sinks — it could be a stoppage in the main line running to your house. Call a plumber immediately to investigate. It might be the result of tree roots or another widespread blockage.
- Mold: This musty smelling fungi grows best in moist, humid areas that are not well-ventilated. Your bathroom and kitchen are prime targets, along with any water-damaged ares in your home. Greenish black surface mold (what you'd typically see on bathroom tile grout) can be readily removed, but mold colonies growing behind walls or under floors can be a much more serious and hard-to-banish problem — and a very expensive one.
- Electrical surges: A power surge occurs when there is an abrupt increase in the electrical current running into your home. Power surges can be caused by a lightning strike, downed power lines, or the sudden return of power after a blackout. That sudden surge can send too much electricity to your appliances, destroying their inner workings. Big-ticket items such as your refrigerator, microwave, TV and home computer may be most at risk, and the costliest to replace.
- A burst or leaky pipe: Replacing a leaky pipe may be fairly simple, but reaching it could be a major challenge. Depending on its location, making the fix could require breaking through a ceiling, tearing down a portion of a wall, or taking out shower tiles in order to make the fix.
- Faulty components in your AC unit: Most central air conditioning units rely on several major components; a refrigerant that goes through a repetitive cycle to cool the air, a compressor that facilitates this process, and fans that spread the cool air through ducts in your home. If any of these components breaks down, the whole unit stops, leaving you sweltering and in need of emergency repairs.
Protection plans offer cost-effective ways to shield yourself from some common, yet unexpected home repair expenses. Browse our home protection plans or call us at (855) 334-3577 for more information.
Learn more about the complete home protection offered by a home warranty from Home Warranty of America, part of the Direct Energy family of companies.
Protection from the Unexpected
Your homeowners insurance won't cover breakdowns due to age or regular wear and tear. Get repair and replacement coverage to protect your whole home with Home Warranty of America.Learn More