5 Ways that Basement Waterproofing Can Save You Money

While it has a crucial role in keeping your home and family safe, basement waterproofing can also help you save money on home insurance and energy bills. In reducing your home’s risk of basement flooding and mold growth, waterproofing protects you from collateral expenses. So, turn to a reliable waterproofing basement company for help protecting your basement and your budget.

 

NV Waterproofing & Foundation Repair offers crawl space and foundation repair services to protect homes from water damage and its side effects. We leverage proven methods and high-quality products to keep our customers’ basement spaces dry. Over the past decade, our excellent customer service and careful craftsmanship have earned us the Super Service Award with Angie’s List and Best Pick Reports selection multiple times. Call our office at 1-571-200-1986 and ask about a free estimate.

 

Below, we discuss 5 ways that basement waterproofing can save you money:

 

1. Reduce Your Homeowners Insurance Rate

Basement waterproofing may reduce your homeowner's insurance premium since it offers extra protection from flood damage and related issues. Nevertheless, check with your insurance company to determine its stipulations and qualifications.

 

You may also qualify for a reimbursement of your flood mitigation efforts, offsetting the expenses of a waterproofing service. Again, speak to your insurance company about this matter if you decide to waterproof your basement.

 

2. Minimize the Risk of Flood Repair Costs

Repairing a flooded basement comes with outrageous costs. First, the floodwater must be pumped out and the space let dry. Then, a professional damage assessment will determine whether the flooring, walls, and wiring require replacement (which they often do).

 

Moreover, a claims adjuster may determine your policy does not cover all the repairs. Any lost or damaged personal items will be on you as well. In short, preventing basement flooding with waterproofing comes with far less headache and expense than flood repairs.

 

3. Lower Your Energy Bill

Leaky basements are vulnerable to humidity. The humid air that gathers therein rises to the floors above, forcing the home’s HVAC system to work harder to achieve a steady temperate. This process drives up the cost of energy bills, yet basement waterproofing can prevent it from happening.

 

4. Mitigate Mold-Related Medical Expenses

High-moisture basements provide the ideal environment for mold growth, and mold presents several health risks. It threatens individuals with chronic respiratory conditions in particular, though dermatological conditions are also connected to mold exposure.

 

These issues threaten your family’s wellbeing and may require medical consultation, treatment, and prescription expenses. Nevertheless, basement waterproofing alleviates such issues so you can avoid medical expenses.

 

5. Eliminate Mold Remediation Costs

In addition to medical costs, a moldy basement also requires mold remediation services. However, this effort can involve portions of your home outside your basement because mold spores spread throughout a structure.

 

The remediation process includes containment, air filtration, removal of infested materials, thorough cleaning, and restoration. Their costs vary depending on the extent of the damage. Still, they are necessary for a habitable space. Seek mold remediation before having your basement waterproofed.

 

NV Waterproofing & Foundation Repair: A Leader Among Waterproofing Basement Companies

Turn to NV Waterproofing & Foundation Repair for your basement waterproofing services. As one of the top waterproofing basement companies, we offer a complete line of products specifically designed for finished and unfinished basements. We also create customized plans based on the unique needs of your space. Receive a free estimate by calling us today at 1-571-200-1986.