Get matched with top earthquake retrofitting specialists in Moulton, AL

A home with proper earthquake retrofitting can sustain minimal damage in earthquakes of up to 7.0 magnitude, although risks are higher based on how close and deep the earthquake is. A home closer to the earthquake epicenter will sustain greater damage, especially if the earthquake is closer to the surface of the Earth, but retrofitting can help minimize the risk of injuries.

Many homeowners want to know whether earthquake retrofitting is tax deductible. Because it’s often considered a capital improvement, you usually can’t deduct it. In some cases and locations, you may qualify for tax incentives, but you’ll need to talk to a tax professional or the Internal Revenue Service (IRS) about your specific circumstances. You may also be able to find grant money for seismic upgrades, which can lower the cost of your insurance premiums and save money over time.

Depending on where you live, your insurance company may require you to have a seismic shut-off valve. It depends on local regulations along with the specific provider. If it’s not a requirement, many providers will offer a discount if you install an earthquake valve, which can save you 5% or more. Contact your provider to learn about potential savings for your plan.

Almost all new buildings in California need an earthquake shut-off valve. The requirements for an earthquake gas shut-off valve (and who can install it) depend on where you live. For example, according to the Los Angeles Municipal Code, you’re required to hire a licensed contractor to install one whenever you build, sell, or renovate a home. Check with your local building department for your city’s laws on installing, permitting, and inspecting earthquake shut-off valves.