Skip to content Accessibility info

Premiere Agency Network Blog

All You Ever Wanted to Know About Insurance

What to Look for When Buying a House to Avoid Unnecessary Insurance Claims

Keys in the door of a new home
Keys in the door of a new home by PhotoMIX Company

If you’re house hunting, you’re probably looking at the number of bedrooms or how updated the kitchen is. But there are other things to consider which may help avoid home insurance claims should you become the new owner.  Using a certified home inspector can help identify these concerns to address before actually purchasing the home.  

An Aging Roof

Roof problems are one of the most common causes of home insurance claims. Serious roof damage often doesn’t just involve the roof itself; it can cause interior damage, especially from leaking water. You don’t want to purchase a home that has an old or faulty roof without getting an adjustment to the price to cover the cost of replacing it.  The condition/ age of the roof is often a key factor in insurance pricing.

Poor Chimney Condition

While you’re having the roof inspected, be sure to have a look at the chimney too. Poor chimney and firebox construction or even a dirty chimney can result in a fire.

Plumbing Problems

Water damage is the leading cause of home insurance claims. Unless you plan to make major renovations, never buy a house that has plumbing problems. Not only could water damage create an insurance hassle for you or even force you out of your home temporarily, but it could also ruin precious, irreplaceable belongings.

Previous Water Damage

One key to the risk of water damage is signs of previous incidents. Check carefully for mold or mildew in the basement, foundation cracks, standing water outside close to the house, warped floorboards and under-sink spaces, poor sink drainage, and brown spots on the ceiling or upper walls (could also be from a leaky roof).

Faulty Wiring or an Outdated Electrical Panel

Of course, bad wiring or a faulty electrical panel presents an even greater risk of fire. Signs that an electrician might be needed include:

  • An old electrical panel (especially a model that has been recalled)
  • Signs of electrical panel failure, like charring or melting
  • An electrical panel and circuitry that’s not sufficient for modern electrical demands
  • Overloaded circuits (too many items on one circuit)
  • Not enough electrical outlets
  • No GFI outlets in the kitchen and bathrooms
  • Flickering lights
  • Lights or outlet use that constantly trips the circuit breaker
  • Charring, melting, or loose parts around outlets and switches

High Radon Levels

Radon is an invisible, radioactive gas that exists naturally below the earth’s surface. If it seeps into your home, it can cause breathing difficulties or even lung cancer. You can purchase inexpensive radon detection kits to monitor radon levels before making a home purchase.

Liability Risks

Not only are homeowners concerned with their own health and protection when purchasing a home but they should also think about risks to others, like visiting friends or delivery people. These liabilities could result in a lawsuit if someone is seriously injured:

  • Loose steps
  • Tripping hazards
  • Absent or inadequate handrails
  • Lack of fencing around a swimming pool
  • Low, weak, or absent railings around decks and balconies
  • Poor fencing for dogs in the yard

History of Previous Claims

Ask the home's occupants if they have filed an insurance claim or are aware of any prior insurance claims.  Depending on the kind of claim, your dream home may actually be uninsurable.  Sellers should disclose insurance claim information, but you also may order an online report through LexisNexis.  

When you do find the home that’s right for you, you’ll want to be certain to insure it properly. The independent agents at Premiere Agency Network offer a wide selection of home insurance options. You may also want to consider other protection like auto insurance, life insurance, and personal umbrella insurance. Contact us at 334-551-1111 to learn more, or request a quote online.