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Tips to Protect your Home this Fall

Fall-Audit-time - Eddy Solutions water damage protection

Take advantage of the fall weather to protect your home with a fall audit. 

In case the sudden temperature drops and robust colours haven’t alerted you, let us do it for you: Fall is here. It’s a beautiful time of year – crisp winds framed in vivid, earthy colours – reminding us that winter isn’t far away.
For homeowners, autumn is a great time to check off a number of to-do items to ensure your home is ready for the coming freezing weather. Water damage is your single largest risk as a homeowner, and can come from a variety of different causes, such as severe weather and the subsequent flooding that results, damage due to improper maintenance, and internal plumbing issues. Unlike unusual and devastating events like a fire, water damage often starts off very minor (such as a slow leak) and builds up over time, resulting in thousands of dollars in repair fees. Weatherproofing your home can be a significant step to saving you time and money in the long run.
Our Advice? Do an annual DIY fall audit. Here are some tips:
Outside your home:

  1. Check and clear your gutters/eavestroughs. Leaves and other debris can easily clog up your eavestroughs, causing a build-up of water that seeps into your windows and/or walls. Even the most watertight home can find excess water in its basement as a direct result of neglecting to clear gutters.
  2. Inspect your roof. It’s your first line of defense and one of the most important when it comes to keeping your home dry. Check the chimney(s), skylights, and vents to ensure that they are properly sealed, and in case you need a tutorial on how to properly seal, check out this article from DIY.
  3. Repair leaky windows and doors. These are notorious places for leaks to seep through, and often can be fixed with a little bit of silicon seal. For further tips, take a look at this link.

Inside your home:

  1. Appliances. Do a sweep of your appliances such as fridges, dishwashers, and washing machines to check for leaks or anything out of the ordinary. Your water heater should also be investigated annually.
  2. Water bills. An easy way to determine if there’s a leak in your home is to check your water bill. If it’s escalating (outside of the rising costs of water), there is likely a leak.
  3. Water detection sensors. Sensors can be placed throughout your home in vulnerable places where water and moisture are detected. Many of these sensors are IoT enabled and can communicate via an App. Eddy Home’s H2O sensor, for example, detects moisture and humidity and will alert you immediately through our My Eddy Home App.
  4. Water Main Shutoff. More than half of the non-weather-related damage inside your home is due to plumbing issues. Whether it’s a sudden burst of a pipe or an undetected, slow leak, a system installed on your water main that offers remote and automatic shutoff can save you thousands. Most insurance companies that offer discounts for such devices require a shutoff at the main, where water damage can be immediately halted. Eddy’s IQ is one example of this kind of technology, and qualified for all available insurer discounts.

Whether you have experienced water issues in the past, or want to ensure that it doesn’t happen in the future, proactivity is your best bet.
 
About Eddy Home Founded in 2014, Eddy Home is an industry leader in leak protection and water visibility solutions. Our suite of smart products offer a comprehensive water management system for homeowners that protects, controls, and conserves. Our products have saved thousands of customers millions of litres of water by continuously monitoring water usage in their home, and if something unusual is detected, alerting them to the issue. For more details, please contact us at 1 877 388 3339 or email info@eddyhome.com.

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Paul Pathak​

Director

Paul Pathak is a partner of Chitiz Pathak LLP. Paul practices principally in the areas of corporate, securities, corporate finance, mergers and acquisitions and commercial law. He represents and provides sophisticated guidance to private and public corporate clients in a broad range of industries, including mining, technology, manufacturing, venture capital and merchant banking.

George Krieser​

Director

George Krieser founded Total Credit Recovery Limited (“TCR”) in 1980 and is the President and Chief Executive Officer. TCR is the largest 100% Canadian-owned and operated collection agency, solely collecting Canadian debt. George previously served as a Director of Universal Energy. He also served as a member of the board of directors of Baycrest Foundation and as a member of the fundraising committee for UJA Federation of Greater Toronto.
Gary Goodman​
Director
Gary Goodman is a Trustee and Chair of the Audit & Risk committee of Boardwalk Real Estate Investment Trust., a former Chairman of Huntingdon Capital Corp., trustee of Gazit America & Brightpath Early Learning, and is a member of the advisory boards of the Vision Funds. Gary was previously Executive Vice President of Reichmann International where he served as a senior financial executive and trusted advisor for over 30 years.

Chris Gower

Director

Chris Gower started his career in construction on the tools – framing houses, where he grew a deep appreciation for the trades. Prior to his current role as Chief Operating Officer, Buildings at PCL Construction (“PCL”), Chris held positions including construction risk manager, senior project manager, district manager and regional vice president. Throughout his more than 25 years at PCL, he has delivered iconic construction projects across Canada, Australia and the United States.

June Thomson

EVP, Sales, Marketing
& Business Development

June joined the Eddy team coming from Enercare after 10+ years in various roles, most recently as Vice President of the North American Builder Division. June has been in the HVAC industry for over 41 years, holding several roles throughout her career from Technician to Provincial Offences Officer.

Saj Khan

COO & President

Sajid Khan helped launch Eddy Solutions and has been in the role of Chief Operating Officer since inception. With more than 20 years of leadership and operational experience in the home services sector, Saj has held roles such as COO of Eco Energy Service, Vice President of Operations at both National Home Services and Universal Energy.

Boris Baril

CFO

With more than 25 years of financial experience, Boris has held both public and private company CFO roles; supported two (TSX listed) initial public offerings (IPOs), debt and equity capital raises, and M&A transactions. Boris graduated from York University and is a CPA, CA.

Mark Silver

CEO & Chairman

Mark L. Silver is President of Optus Capital Corporation. Mr. Silver has made significant real estate investments in both development stage and income producing properties in the residential, commercial and industrial sectors over his 35 year business career. Over the last 22 years, these investments have been made through his company, Optus Capital Corporation. Mr. Silver was a founding partner and Chief Executive Officer of Universal Energy which was sold in 2009 to Just Energy Group Inc. He co-founded Direct Energy Marketing and grew the company to over $1.3 billion in revenues before selling to Centrica PLC (also known as British Gas) in 2000.