Looked at Your Hot Water Heater Lately?
The older the water heater, the more likely it is to break down. There have been several recent “failures” of water heaters at Fountain Hills Condominium resulting in thousands of dollars in damages to homes. These occurrences are costing all Condominium owners as the insurance premiums are increasing and will result in higher condominium monthly assessments.
As a general rule of thumb, electric water heaters last 8 to 10 years, while gas water heaters may have a slightly shorter lifespan of 6 to 8 years.
Fountain Hills Condominium Units are MORE THAN 20 years old.
If you still have the original water heater, you have an accident waiting to happen! If your water heater fails and causes damage to your Unit and neighboring Units, you will be faced with paying the first $10,000.00 in costs.
Please have your water heater checked by a qualified plumber.