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Earthquake Retrofitting questions, answered by experts

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.

Ensure proper ventilation, fix leaks, and schedule regular pest inspections to protect your property.

First, you can expect the project to be loud. If you have pets, you might want to take them to a friend's house during the day so they are not disturbed by any of the loud noises. In addition, you’ll need to provide the retrofit team access to areas of the house that will need to be worked on, meaning you’ll need to relocate personal items, clear clutter, and make pathways for the crew. Once the project is complete, a local building inspector will conduct a final inspection to ensure that the retrofitting is up to code.

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.

Even if you invested in the cost of a gas shut-off valve for your oven and other appliances, it’s a good idea to add a seismic shut-off valve as an extra safety measure. 

Gas shut-off valves for appliances are manual, meaning someone has to cut off the flow of gas. This leaves room for error, as you might not be home or might be too distracted to think about gas lines during an earthquake. An earthquake valve is automatic and will protect your home from gas-related disasters in the event of an earthquake.

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The Port Byron, IL homeowners’ guide to earthquake retrofitting services

From average costs to expert advice, get all the answers you need to get your job done.

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