Water damage accounts for nearly a third of all yearly home insurance claims. Dennis Rae, Executive Vice President & Chief Underwriting Officer at DTRIC Insurance, shares six tips to protect your home from water damage.

1. Check for rusted or leaky pipes.

When a pipe continues to leak, it can cause extensive damage to your home. Look for telltale signs of leaks like unusually high water bills, mold or mildew, damaged walls or ceilings, or an unexplained odor.

2. Proactively check for leaks.

Minor leaks can pass undetected and cause significant damage. Check hoses that lead to your washing machine, dishwasher, and refrigerator on annual basis. Experts recommend replacing all hoses every five to seven years.

3. Inspect your water heater regularly.

The “sacrificial” anode rods are designed to divert corrosive elements away from the water heater tank. Replace the rod at least once every two years. Also, flush your tank every six months to prevent sediment buildup.

4. Know your water main.

If you experience a plumbing emergency inside your home, it’s important to know where and how to shut off the water supply.

5. Exposed pipes should be insulated.

Any water supply lines that are exposed can burst or flood your home. Snap-on pipe insulation is cheap and effective and can also work outdoors.