select
|

Don’t let a burst geyser flood your budget

As South Africans try to stay warm this winter, insurance companies are bracing themselves for a flood of geyser-related claims.

Martin Janse van Rensburg, spokesperson for Budget Insurance says: “At a time when you most want to be warm and dry, your geyser is more susceptible than usual to bursting. The colder surrounding temperatures put the geyser under more pressure as it expands and contracts to keep your water hot.”

Every year during winter, Budget sees a noticeable spike in geyser-related claims. And, says Janse van Rensburg, Murphy’s law says that it will burst at 3am on a Monday, when you’re least prepared to deal with the mess and hassle.

He advises consumers to take steps to prevent, or mitigate, the damage of a burst geyser by doing the following:

- Invest in a geyser blanket to reduce heat loss. The temperature of the water inside the tank will be more consistent, which might also lower your electricity bill slightly.
- Install a drip tray under your geyser that will carry away most of the water if your geyser does burst.
- Get your geyser serviced every three years by a qualified plumber. The service should include:
- Inspecting all the geyser’s parts.
- Checking the tank and valves for leaks.
- Removing scale build-up from the tank and element.
- Inspecting the thermostat.
- Ensuring that the thermostat is set to the correct temperature. The ideal setting is 50 to 55° in summer and 60 to 65°in winter.

Should the worst happen and your geyser does burst, Janse van Rensburg recommends doing the following immediately:

- Switch off the geyser electrical isolator switch on the main distribution board.
- Turn off the water at the main meter box.
- Phone a plumber, or your insurance company’s emergency home assist line.

But it’s not just those who own their homes who should check their geyser insurance cover – tenants should also be prepared.

“Geyser insurance will cover the repairs or replacement of the geyser, but if the property is damaged by any water, tenants would need to ensure that their belongings are covered by a home contents policy, as this responsibility is usually excluded from most lease agreements,” says Janse van Rensburg.


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


  • Adriaan Bosch - posted 17 Aug 2015 02:16 PM                                    

    Alternatively you could have your geyser monitored remotely. We monitor geysers from an Accredited remote location and if we detect a leak we can switch of the water flow to the geyser remotely drastically reducing your risk and effectively managing your assets.

Latest Property News
  • 21 Nov 2017
    The buying process is over, and the moving truck has delivered your household goods to your new property. Now it’s time to unpack and turn your new house into a home.
  • 21 Nov 2017
    When an offer to purchase a property is signed by both buyer and seller, this constitutes a binding agreement or “Deed of Sale” between the two parties. However, in most cases the “standard contract” might not be enough to cover all the specifics pertaining to the sale. The agreement may require some additions or alterations to clauses, which needs an expert hand in the drafting of such
  • 21 Nov 2017
    As more and more South Africans look to invest in property abroad, Spain is offering them one of the best deals in global real estate.
  • 20 Nov 2017
    Since 2012, sectional title complexes have been leading the South African property market, not only in terms of price growth, but sales volumes as well. Remaining relatively strong, even in the face of 2017’s political and economic turmoil, experts say this market segment could offer valuable insight into South Africans’ property purchase priorities.
  • 20 Nov 2017
    Regardless of whether you are purchasing your first start-up home, downsizing or moving in with roommates, finding ways to maximise small spaces can be a big advantage, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa.
  • 20 Nov 2017
    Property valued at approximately R1 billion is on High Street Auctions’ sales floor during the month of November, including the much-anticipated sale of the Tshwane Mayoral Residence and the land occupied by one of South Africa’s oldest operating gold mines.
  • 17 Nov 2017
    FWJK has announced the launch of its latest residential brand, the Lil’ Apple, which will be launched simultaneously in two developments in Cape Town and Umhlanga totaling 600 apartments. The Lil’ Apple is set to be a brand of FWJK’s New York style apartments which will be rolled out nationally.
  • 17 Nov 2017
    It’s been a tumultuous year on many fronts, with socio-political uncertainty setting the tone for much of South Africa’s economic activity yet despite this and seemingly counter-intuitively, the residential property market has held up well.
    
X
Subscribe to the MyProperty Newsletter

Name  
Last Name  
Email Address  
Email Frequency
select
X
Share this Page

   
For Sale Property
Rental Property
More Options
About
Connect with us
FEEDBACK