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Summer proof your investment

Summer proof your investment

By Ryan Ellem on Nov 27 2017


The onset of summer brings days by the pool and backyard barbecues.  But summer also brings the dangers of storm season.

It’s important to consider how your investment property is protected from the threats of Mother Nature.

Appropriate home insurance for your rental property is important for covering your investment and ensuring peace of mind.

But there are other things you can do – in consultation with your tenants – to lessen the impact of storms.

How long has it been since the gutters were cleaned?  Are drains and downpipes free of blockages? If these parts of the house are clogged, it can cause leaks and damage to the roof as a result of high levels of water in the gutters during a storm.
 
A roof needs to be in good condition to absorb the pressure which storms harness – strong winds and sheeting rain.
 
It is also worthwhile making sure that large trees with branches that are close to the house are trimmed back.  But do not attempt to trim tree branches near power lines! This is a highly dangerous activity and should be left to a professional or your electricity service provider.

Fix any corrosion, loose fittings and rotting or termite affected timber.
 
It’s also recommended for landlords to:
  • Securely anchor garden sheds and make sure fences are stable;
  • Secure any awnings and shade cloth;
  • Install a surge protector with an automatic cut out facility. A protector can prevent electrical damage if lightning strikes during an electrical storm and help keep tenants safe.

 

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