Residents in an Ontario condominium recently had a tricky situation from which they needed to escape. The homes were not filled with smoke and flames. Instead, the floors in several units were covered with scalding, hot water. TheSpec.com reports that hot water flooded the sixth floor down to the second level of the parking garage.
Posts Tagged ‘Water Damage’
Contractors across the U.S. face a new rule and new expense—mandatory home sprinkler systems. The Florida Wires reports that some states now require homes built after January 1, 2011 to have sprinkler systems. This poses a burden on the home construction industry, which is down more than 90 percent in some states, such as Connecticut. Contractors argue this safety feature should be voluntary.
The spring flood season is just around the corner. According to FEMA, floods are the most expensive type of disaster in the U.S., and everyone should have a home and/or business safety plan that includes flood insurance. Flood insurance does not just cover damage from excessive rains or bodies of water that reach flood stage. It covers water damage in general, including a malfunctioned sump pump, burst or broken pipe or a leaky roof. Even if you do not live in a flood-zone, having a flood insurance policy can help save you money when it comes to the high costs associated with recovering from water damage.