INSURANCE DO’s & DON’Ts

 

·     Report all insurance-related damage immediately to the HOA Board of Directors!

 

·     If you travel for longer than a week then arrange to have someone check your unit weekly to flush the toilets, test the thermostat, and look for leaks on ceilings and windowsills, beneath sinks, under the refrigerator, around the washing machine and near the water heater, etc.

 

·     Damage not reported within two weeks of its occurrence may not qualify for any coverage since the property is considered “abandoned”…WARNING: If mold is found, then it is highly likely that no insurance company will cover it

 

·     The HOA Master Insurance Policy applies only to “sudden and accidental” damages not damage that occurs when an item deteriorates from normal wear and tear. Simple wear and tear is the greatest cause of potential damage. Things wear out, whether it's the roof, the plumbing line to the sink or a refrigerator. The main point is: there’s never a convenient time to have a loss, and water loss can happen at any time. Normal wear and tear is not covered by the HOA Master Policy.

 

·     Lack of routine maintenance is considered "negligence" and may void your coverage. Keep track of the dates you check things and the purchase and warranty dates of all significant appliances which you may need later. Develop a personal checklist of items to inspect, repair or replace on a regular basis and have a routine schedule for checking these things. This list should include:

 

o     Testing smoke detectors every six months & replacing batteries EVERY year

o     Inspecting hose & pipe fittings for bulges, cracks or wetness on

·     Washing machines (replace hoses every 3-5 years),

·     Refrigerators (watch for leaky ice maker connections),

·     Dishwashers (watch for water in or around the unit),

·     Pullout spray wands on sinks (check under sink for water/leakage).

o    Annual cleaning and/or replacement of filters on the …

            ·      Furnace

·     Air conditioning unit

·     Oven & range exhaust fans

o     Annual inspection of all heating appliances for rust, wear or presence of water on the …

             ·    Water heater

             ·    Furnace

·     Insta-Hot sink faucet heater

o     Routine preventative cleaning of drains & toilets (using household de-clogging agents)

o     Repair/replacement of broken electrical outlets, frayed/faulty cords or overloaded circuits

o     Usage of surge protectors if you have critical entertainment/computer equipment

o     Avoidance or extreme care if using supplemental space heaters

o     Usage of proper wattage light bulbs

o     Testing of Ground Fault Circuit Interrupters (GFCIs) in kitchens, bathrooms & utility room (these are the AC plug outlets with a red & black button between the sockets)

o     Using qualified licensed electrician or plumber trades people for maintenance

o     Avoidance of pouring grease of any kind down sink or disposal drains

o     Do not turn thermostats or the water heater completely off if you are traveling