If you’ve noticed your homeowner’s insurance premiums rising, you’re not alone. A significant factor behind these increases is the escalating construction costs and the growing frequency of natural disasters. According to Policygenius, the average cost of homeowners insurance rose by more than 20% from May 2022 to May 2023. However, as a homeowner, you have opportunities to minimize risks, protect your home, and potentially save money on insurance premiums by investing in key home improvement projects.
At Bluewater Building Company, we specialize in helping homeowners in Hampton Roads, Williamsburg, and surrounding areas make informed improvements to protect their homes and increase property value. Below are tips inspired by the recommendations from AAA’s Smart Coverage Guide and how our services can assist.
1. Install an Inline Automatic Water Shut-Off Device
Water leaks are one of the leading causes of homeowner losses, leading to costly water damage and mold issues. By installing automatic water shut-off devices, you can proactively monitor your plumbing system and stop leaks before they become catastrophic.
Bluewater’s Plumbing Services: Whether you need modern plumbing upgrades or a professional evaluation of your existing system, Bluewater Building Company provides tailored solutions to keep your home safe from unexpected water damage.
2. Replace Your Roof
Older roofs are more susceptible to storm damage, leaks, and structural issues. Additionally, homes in areas with high wildfire risk can benefit from fire-resistant roofing materials like composition shingles or tiles. A new roof not only protects your home but can also reduce your insurance premiums by mitigating risks.
Bluewater’s Roofing Expertise: We specialize in roof replacement using industry-leading materials, including GAF HDZ shingles that provide superior durability and wind resistance. Our team can assess your roof’s condition and recommend upgrades that offer peace of mind and insurance benefits.
3. Install a Security System
A fully monitored security system can deter burglars and alert emergency services during a crisis. Insurance companies often provide discounts for these systems, especially when you integrate advanced safety measures like deadbolts and fire alarms.
Bluewater’s Home Safety Upgrades: Partner with us to enhance your home’s security by incorporating structural improvements such as reinforced entry points, fire-rated doors, and more. While we don’t install security systems directly, we collaborate with local experts to provide comprehensive protection for your home.
4. Upgrade Your Pipes and Electrical System
Outdated plumbing and electrical systems are common culprits of water damage and fire hazards. By replacing older materials, such as aluminum wiring or knob-and-tube systems, with modern, reliable alternatives, you can significantly reduce risks and improve your home’s safety.
Bluewater’s Modernization Services: Our team is equipped to handle full-scale plumbing and electrical upgrades, ensuring your home meets today’s safety standards while boosting its efficiency and resale value.
Invest in Your Home’s Future Today
Proactive home improvements can go a long way toward safeguarding your property, lowering risks, and saving on insurance premiums. At Bluewater Building Company, we are committed to providing high-quality services tailored to your needs. Whether you need a new roof, upgraded plumbing, or other essential renovations, our experienced team is here to help.
Ready to get started? Contact Bluewater Building Company today for a free consultation and let us guide you through the best solutions to protect your home.
This article was inspired by the Smart Coverage Guide by Robin Jones. For additional insights, visit the original article.
