As homeowners, we often enjoy summer activities like hosting parties, grilling, and manicuring our lawns, making our houses feel like home. However, amidst the excitement of these enjoyable summer pursuits, it's crucial to recognize the importance of regular home maintenance. Paying attention to these responsibilities helps avoid unexpected repairs and costs.
Hippo explored how homeowners tackle their household to-do lists and some of the lesser-known tasks that may be overlooked as summer kicks off.
Here are some of the most intriguing takeaways from Hippo's 2023 Summer Home Safety Survey (“Survey”):
Our Survey shows that responding homeowners prioritize summer activities such as grilling, vacationing, and hosting parties. While these activities contribute to our overall enjoyment of homeownership, it is equally important to dedicate time to essential home maintenance tasks.
The top three summer pastimes for responding U.S. homeowners include:
With high temperatures already impacting much of the country this summer, storms are likely on the horizon (and minds) for many homeowners. In fact, according to our Survey, 20% of homeowners report having more anxiety than they did last summer about extreme weather in their area, while 58% say their anxiety is similar to last year.
Yet only 20% of homeowners reported they plan to create or update an escape plan and emergency kit this summer. The top three things homeowner respondents plan to do to prepare for extreme weather include:
Being a homeowner has gotten more expensive in the past year for many. According to our Survey, homeowners reported increasing costs across various home expenses, with high utility costs (41%) and repair expenses (27%) topping the list. By prioritizing home maintenance and implementing preventive measures, we can have more control of these expenses and help protect our investment.
Summer heat can wreak havoc on critical home appliances like HVAC systems and refrigerators. As inflation remains high, homeowners are preparing their finances - with 74% of homeowner respondents saying they have enough savings to cover the replacement cost of a broken-down critical appliance in their home. However, according to our Survey, about a quarter of homeowners lack the financial means to cover unexpected issues.
Our Survey revealed that most homeowners say they will self-perform (74%) home maintenance projects this summer over using a local professional (26%). And the primary objective is to save money by avoiding unexpected repairs and costs (59%), followed by improving home value (48%) and improving their standard of living (45%).
Start by focusing on the DIY projects that many homeowners report taking on and you feel you can take on comfortably, and take note of the projects you should not attempt on your own without the help of a professional.
Maintaining a home involves more than just enjoying fun summer activities. It requires a proactive approach to help protect your investment, prevent unexpected costs, and ensure the safety and comfort of our families. Homeowners can enjoy a well-maintained, secure, and cost-effective living environment by dedicating time and effort to these tasks.
Hippo’s 2023 Summer Home Safety Survey was conducted by Researchscape International on behalf of Hippo Insurance Services. Fielded between June 16-17, 2023, the results are based on 1,025 survey respondents who are all homeowners in the United States. Results were weighted to be representative of the overall population of U.S. homeowners according to the U.S. Census Bureau, Current Population Survey/Housing Vacancy Survey, May 3, 2023 by age, ethnicity, region, and other demographics.
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