In a Standard Suburban Home, a Burst Pipe Costs $5,000 to $25,000 in Water Damage. In a La Grange Victorian With Original Plaster Walls and Period Woodwork, or a Western Springs Home Where the Median Value Is $765,000, the Same Burst Pipe Starts at $40,000 and Goes Up From There. The Pipe Is Never the […]
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Effective Strategies to Avoid Plumbing Disasters in La Grange, IL HomesEffective Strategies to Avoid Plumbing Disasters in La Grange, IL Homes
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Water Damage Is the Second-Most-Common Homeowners Insurance Claim. Most of It Is Preventable. Water damage and freezing accounted for 27.6 percent of all homeowners insurance claims in 2022, according to the Insurance Information Institute’s claims data, second only to wind and hail, with an average claim severity of $13,954 between 2018 and 2022. About one […]
