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40% of Australian homeowners skip maintenance, causing 78,000 claims in 2024, mostly from preventable issues like burst pipes.
A new Allianz study finds 40% of Australian homeowners neglect regular maintenance despite recognizing its importance, leading to over 78,000 home claims in 2024—nearly 5% more than the prior year.
Many adopt a "set and forget" mindset, causing minor issues like leaks and aging fixtures to escalate into costly repairs, with over 19,000 claims tied to burst pipes and water damage.
Financial strain and upkeep burdens contribute to rising homeowner stress, while insurance typically excludes wear-and-tear damage.
To help, Allianz has launched a free Home Care Report with maintenance tips and is trialing a Home Health Check service involving inspections for leaks, mold, drainage, and fixtures across 200 homes, aiming to shift behavior toward preventative care and reduce long-term costs.
El 40% de los propietarios de viviendas australianos omiten el mantenimiento, causando 78,000 reclamos en 2024, principalmente por problemas prevenibles como tuberías rotas.