Southern Insurance Associates
by AJaye Brown on Aug 17, 2015
6 house repairs to tackle: The price of neglect
In this economy, you may be tempted to delay or even skip minor home maintenance repairs, cleaning jobs and inspections in your home. But don't be penny-wise and dollar-foolish. That $200 or $300 you save today could result in expenditures of $3,000 or even tens of thousands next month or next year if hidden problems in your home go unnoticed and become worse.
Consider coughing up a little dough to take care of these small jobs before they morph into gigantic, expensive jobs later.
Termite inspection: Cost: $75-$200 for an inspection; $200-$300 for a termite protection contract for qualifying homes with no current evidence of termites to cover treatment and repairs for any later infestation.
How often: once a year. When: any time, although termites are more active in spring and early summer. An inspection might find subterranean termites that come from the ground or flying termites. If left untreated, these bugs damage framing, trim, drywall, furniture, carpet, copper and other soft metals. Potential Savings: Termites cause more than $5 billion in damages a year in the U.S., says Paul Curtis, director of quality assurance for Terminix in Memphis, Tenn. The average homeowner loss for termite damage is $3,000, but losses can be as high as $30,000 or even $80,000, Curtis says. Most homeowners insurance does not cover repair of termite damage.
Bottom line: "Termites eat the wood from the inside out," Curtis says. "A typical homeowner would not be aware they are even in their home until months or years after they get in and start causing damage. A lot of people don't realize that termites don't just feed on the home. They'll eat flooring, insulation, books -- I've even seen them penetrate through swimming pool liners."
Power washing and sealing wood deck: Cost: $100-$300 for a 200-square-foot deck, more for a larger deck.
How often: every one to three years, depending on the amount of traffic, moss and mold. When: any time in sunny weather. Power washing gets rid of stains, algae, mold, mildew and moss. Algae and mold can make your deck slippery and dangerous, says Justin Lee of JL Power Washing in Williamsburg, Va. Sealing your deck after it is cleaned helps prevent water damage. Wood soaks up rain like a sponge, expands and then shrinks, Lee says. Sealing makes the water bead up and roll off. And let's not forget -- your deck will look nicer, too. If you let it go, your deck will warp, nails will pop out and the deck won't last as long. Potential savings: $4,000 to $20,000 or more to replace your deck, depending on size.
Bottom line: "A properly cleaned and sealed wood deck can last 20 to 30 years," Lee says.
Chimney inspection: Cost: $65 for an inspection; $150 for inspection and cleaning, including removal of creosote buildup, which may lead to a chimney fire.
How often: once a year. When: before your first fire in winter.
What an inspection might find: There's no chimney cap. Cost to add: $150. If you let it go, rain water can get into your chimney, damage the chimney liner and damper, and even saturate mortar joints -- causing mold. Potential savings: $2,000-$4,000 to replace the chimney liner. Other problems may include: a cracked chimney crown, which can be repaired for $300-$500; chimney flashing that needs caulking, which can be done for $80-$100; and waterproofing the exterior brick, $350-$600. All these fixes will prevent rainwater from getting in and mold from forming.
Bottom line: "A simple chimney cleaning can prevent chimney fires and damage to your entire house," says Ray Gessner, a licensed professional engineer and owner of A Step in Time Chimney Sweeps, with offices in the eastern U.S. "Water is the No. 1 problem with chimneys. With water damage, you might need to have your whole chimney rebuilt."
Carpet cleaning: Cost: about 50 cents per square foot for hot water extraction cleaning, or $500 for 1,000 square feet of cleaned carpet. How often: every 12 months; more often for high-traffic areas and homes with small children, pets or smokers. Manufacturers' warranties may require cleaning every 18 to 24 months. You can save money by focusing on regular cleanings for high-traffic areas and waiting up to two years for the entire carpet. When: any time. If the carpet looks dirty, you've waited too long because some soil can't be removed with vacuuming. This soil will bind to your carpet and dull the texture, shortening the life of the carpet. Your home also will be healthier with pollen, bacteria, insecticides and dirt removed, says Howard Partridge, founder and president of Clean as a Whistle, a cleaning company outside Houston. Potential savings: extending the life of your carpet. Replacing 1,000 square feet of medium-grade carpet, including padding and installation, costs about $3,000.
Bottom line: "One of my neighbors had to replace his carpet in less than four years," Partridge says. "And his carpet looked terrible the whole time. I've been able to keep my carpet for 12 years now."
Dryer vent cleaning: Cost: $120-$200.
How often: every year. When: a sunny day. The purpose is to get rid of lint buildup. If your dryer is not on an exterior wall, it's likely that the vent leading outside is clogged up, says Gessner of A Step in Time Chimney Sweeps. If you ignore it, the result could be a disastrous fire. "Once the vent gets clogged, the dryer starts overheating and it can catch on fire," Gessner says. "Dryer fires are very dangerous." Potential savings: your home, your furnishings, your belongings and your life. Bottom line: "I had been airing a radio commercial talking about the importance of dryer vent cleaning for about a month when three people (in our area) died in a fire caused by a dryer vent fire," Gessner says.
Annual HVAC inspection: Cost: $200-$300, depending on where you live. How often: at least once a year. When: spring or fall. Heating, ventilation and air conditioning, or HVAC, companies aren't as busy, and you're not in dire need of heat or air conditioning. What an inspection might find: The furnace blower is not working properly. Cost to repair or replace: $100-$150. Possible consequence of letting it go: a broken heat exchanger. Potential savings down the road: $300-$1,000 to replace the heat exchanger or $750-$3,500, depending on the energy efficiency, to replace indoor or outdoor furnace components. The reversing switch in the heat pump is broken. Cost to repair or replace: $100-$300. Letting it go results in no heat from the heat pump, and the system switches to a more expensive auxiliary heat. Potential savings: lower heating bills.
Bottom line: "Things that happen often happen at the worst possible time in the worse possible conditions and you're looking at the maximum rate," says Terry Townsend of Townsend Engineering in Chattanooga, Tenn., and former president of the American Society of Heating, Refrigerating and Air-Conditioning Engineers. Remember, continual maintenance prolongs the life of the equipment. "You're sitting there with an investment of thousands in your HVAC system and you're investing a few hundred dollars in maintenance."
Don't put off home repairs today, that might cost you hundreds or thousands of dollars in the coming months or years."
For a review of your current homeowners or property insurance coverage, contact Southern Insurance Associates today at 706.996.8788 or Info [at] SouthernInsuranceAssociates [dot] com. We'll be happy to help!
Southern Insurance Associates
408 N. Main Street
La Fayette, GA 30728
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