When people are looking to buy a new house, they are ususally looking for things such as how many bedrooms it has and how much space. But there are certain things to be on the lookout for that could result in the need to file a claim on the home once you become the homeowner. Lets take a look at some key factors you should be on the watch for when house hunting.
How Old Is The Roof?
Aging roofs are one of the leading causes of insurance claims in Oklahoma. Old roofs have an affect on the entire structure of the home. A leak can damage attic space, walls, floors, and more. If the home you are lokoing at has an aging roof, you will want to adjust the price of the home to cover the replacement.
What Condidtion Is The Chimney In?
Not many modern homes are built with chimneys, however, if the house you are looking at has one, it should be inspected. Faulty chimneys are dangerous fire hazards and should be cleaned and repaired regularly.
Old And Outdated Electrical Panels
The electrical system of a house can also be a fire risk. Things you should look for in the electrical system are
- Old electrical panels
- Signs of electrical failure
- Overloaded circuits
- Charred wiring
- Flickering lights
- GFI circuits in the proper locations
- Loose switches
Plumbing Issues
A house with leaks or poor drainage can rack up a big plumbing bill quickly. Look out for signs of water damage and never purchase a home with plumbing issues. Not only do you risk damage to your belongings, but you could be put out of your home for extended periods of time while repairs are being made.
Are There Liability Issues?
Homeowners become the subject of lawsuits when others get injured on their property. Look for things such as
- Loose steps
- Adequate handrails
- Fencing around pools
- Tripping hazards
- Fencing for pets
- Handrails on balconies and decks
What Previous Claims Are There?
If there is a long list of previous claims on a property, it may be difficult to get it insured. Call the Oklahoma Insurance Connection to get a fast free quote on a property you are looking to buy. We will get you a quick quote with a great rate on your new home. Call us now.