Protect your Home against Flooding

Flooding is the most common natural disaster worldwide. Protecting your home against flooding and flood damage is very important. Flood damage can get very expensive but the prevention of flooding is far less expensive. Ask yourself this, would you rather help prevent flooding or deal with the consequences later? There are many different things in your home that you should check to prevent flooding, whether from the weather or from pipes located in or around your home.
Leaking pipes in your home are an easy flooding disaster. You should check under sinks, this includes every sink not just the kitchen, to make sure that there are not any slow drips; if there are it could cause flooding. Any slow drips could result in a burst at any time. These small drips should be fixed. Also, your washer machine hose is something that should be changed every three to five years. A bulge or fray in the hose could also cause a flooding problem. A great way to check if you have any leaking pipes anywhere around your home is to check your water meter and to not use any water for an hour, go back and check the meter if the meter reader has changed a leaking pipe maybe be the culprit. You should also know where the water shut off valve is and make sure it is operational.
Even with all the water sources in your home to check you should also be aware of the water that comes from the sky. Outside your home you should check roofs and gutters. Leaking roofs can cause significant damage to the inside of your home and should be fixed immediately. If you do not fix the leaks it could cause mold to grow in your home. When inspecting your roof you should check the shingles for cracks or even broken ones. If you get a new roof put on your home, you should ask for extra protection, you can get a rubber underlay as a waterproof barrier to protect your home from intruding water. You can also keep tree branches cut back from excessively rubbing the shingles. If you don’t already have gutters on your home it would be a good idea to install. They will carry water away from your house so it does not sit. If you have gutters, you should ensure they are free of debris. The debris can build up causing damage.
Although there are many different ways to prevent flooding or flood damage these are few to take into consideration. Just remember that flooding can be caused by more than just rain, but leaky pipes as well.

Replacement Cost vs. Actual Cash Value

At one point or another you may need insurance on something of value. There are two types of coverage to get your money back if that item is stolen replacement cost and actual cash value.

              Replacement cost means the insurance company gives you enough money to replace the item with an item similar to what you had and for the same purpose. An example replacement cost would be if you had an expensive camera that was insured by your insurance company, and you lost your camera, you make a claim through your insurance agency and they will give you the equal amount of money to replace the camera.

              Actual cash value is a little different from replacement cost the insurance company gives you the money to replace the item minus the wear and tear the item has. The insurance company takes into consideration how old the item is and the product category it falls into. An example of this would be if you lost your camera and made a claim, the insurance agency would give you less money back if the item was an older model camera, but if it were a new camera you would get more money back for your claim to replace the camera.

              Replacement cost and actual cash value both get your money back to replace an item. One is not better than the other, it is a personal choice. Which would you choose if you needed to insure your personal property?