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Building Concepts

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Building Concepts

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39 years of experience

Your home is your largest and most precious investment you will ever own. We here at Building Concepts strive to create the home of your dreams. Weather it be a 2 Million dollar custom home, a simple cottage, a new kitchen or a simple repair.

Your home is your largest and most precious investment you will ever own. We here at Building Concepts strive to create the home of your dreams. Weather it be a 2 Million dollar custom home, a simple cottage, a new kitchen or a simple repair.

Earthquake Retrofitting questions, answered by experts

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.

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

Some cities or states may require you to have an earthquake gas shut-off valve. Your insurance provider may also have requirements for installing this valve. Even if you don’t have to have one by law, it’s wise to have a natural gas plumber install one anyway. These devices can be lifesaving and prevent fires or explosions in the event of a gas leak.

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.

An earthquake retrofit is essential for safety in an earthquake-prone area. Without proper retrofitting, your home is at risk of sliding off the foundation, shifting, or collapsing.

You may also require a retrofit if your home was built before 1980 when building codes began requiring reinforcing, bracing, and bolting for new construction. You may not be eligible for insurance to help pay for earthquake-related damages without a retrofit.

The Arnold, MO 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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