NEW YORK, May 12, 2021 /PRNewswire/ -- May is National Electrical Safety Month but are Americans doing enough to protect themselves and their homes against electrical fires? Although 28% of Americans have experienced an electrical fire, most confess that they aren't following basic precautions that would lower their risk of another fire, according to a new ValuePenguin.com survey of more than 1,200 respondents. In fact, 57% of Americans confessed to leaving heat-producing appliances plugged or turned on when they're not in use, inadvertently increasing their risk of electrical fires.
Key Findings:
According to Andrew Hurst, Insurance Data analyst at ValuePenguin.com, "The one thing that consumers need to know is that insurance coverage for electrical fires can be complicated. Fires that are caused by faulty repair or poor maintenance are generally not covered under most policies. Your coverage may also be complicated if you have a high-risk home in a fire-prone location where insurers have limited their liabilities due to recurring losses." He adds, "If you haven't already, please contact your insurance company to clarify the level of protection they offer before a fire breaks out — especially if you are are among the 18% of Americans who say they don't know what home insurance covers."
To view the full report, visit: https://www.valuepenguin.com/consumers-putting-themselves-in-danger-of-electrical-fires
ValuePenguin commissioned Qualtrics to conduct an online survey of 1,213 U.S. consumers from April 14-21, 2021. The survey was administered using a non-probability-based sample, and quotas were used to ensure the sample base represented the overall population. All responses were reviewed by researchers for quality control.
About ValuePenguin.com:. ValuePenguin.com and its parent company, LendingTree® (NASDAQ: TREE), have a common mission: to empower consumers with tools, information, and resources to help them make smarter, more informed financial decisions. For more information, please visit www.valuepenguin.com, like our Facebook page or follow us on Twitter @ValuePenguin.
Media Contact:Divya Sangam (Ms.)646 693 8445 Divya@lendingtreenews.com
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SOURCE ValuePenguin.com