Common Geyser Insurance Cover in South Africa
Most insurances cover damages that are a result of one of the following
Continuous deterioration over time
Wear and tear of geyser parts
Cracking, splitting, faulty materials and workmanship or hidden defects.
Theoretically, geysers should not corrode as they have a glazing layer inside. However, practically speaking there are sufficient conditions that may compromise the protective layer. A further inclusion of the sacrificial anode in the design of the geyser helps in solving the corrosion that may result. This means that, eventually anode replacement has to take place, as the anode gets finished in the process as it is “scarified” to cover the exposed glazed surfaces
Common geyser insurance cover includes
Geyser parts replacements
Resultant water damage
Full cover for loss or damage caused by burst or leaking geysers.
Some may include full cover for the resultant water damage to permanent fixtures and fittings such as walls, ceilings and fitted carpets
Common Geyser Insurance Cover: How Insurance Companies protect themselves against high claim rate
As insurance companies are in for profit, they will also have certain measures in place to protect themselves. These may include protection against poor workmanship, so a policy holder may need to have certain aspects looked into. These may include the pipework and general configuration of the geyser elements. Having a certificate of compliance makes this easy, as such a certificate can only be issued after thorough checks
A study of causes of geysers to burst helps insurers to minimize the volume of claims for geyser insurance cover
Proper geyser installation is the first steps to ensure long life of a geyser. Most insurance companies will require a certificate of Compliance as part of documents to submit on a replacement of geyser or geyser installation.
Such a practice also safe guards against the use of inappropriate plumbing piping and methods.
It further reduces water damage as it ensures that dip trays are in place, a full inspection of the system is done before a COC can be issued.
As such, some offer a maintenance plan in their packages that will enable early detection and resolve before it gets bad. The maintenance plan can be once in 2 or 3 years. Typically, such maintenance will mean a geyser installer will drain and clean geyser, as well as check the health of sacrificial anode and replace were necessary. Element and thermostat are also checked, and can be replaced if there is unwelcome built up of lime scale