A furnace emergency can strike at any time without giving any advance notice. A recently published report suggests that almost a quarter of Canadian households do not have enough savings when it comes to paying for an HVAC emergency repair. In fact, the remaining population that does have some cash set aside for this purpose, has less than $1000 in savings which is inadequate when it comes to the cost of a new furnace. In the article below, you will learn how to avoid getting stuck in the cold in case your furnace stops working in the middle of winter.

The Most Common Reasons of HVAC Breakdowns

The report stated that the most common form of home emergency was faulty heating and air conditioning system. It accounted for around 20% of all the unexpected home services breakdowns. Some of the common reasons for furnace breakdowns include thermostat malfunctioning, faulty pilot or ignition, regular wear and tear and dirty filters.

The most common problems related to air conditioners as per the Ministry of Energy include sensor issues, improper drainage, failure of electric control and refrigerant leaks.

If you do not have enough savings in the bank, you will be in a tough situation in case your air conditioning or furnace stops working. Living without heat or air conditioning is not an option in many cases. You will have to either borrow money from relatives, friends or a bank which you will have to pay back with interest or you will have to settle for a discounted but shoddy repair that will mean paying more money in the long run. Therefore, it is better to take some measures to ensure that you are adequately prepared in case of a breakdown.

Here are some tips to avoid an emergency related to your heating and air conditioning equipment:

If you face any of the above-mentioned problems, you may have to pay a lot of money for a major repair bill, and in some cases you may even have to replace your entire unit AC or furnace unit. Keep the below mentioned tips in mind to lower the risk of an emergency and be prepared if one happens anyway:

Keep the equipment well maintained: When you take care to perform regular maintenance on your heating and air conditioning equipment, you not only enhance the life of the equipment but also bring down the chances of a breakdown. Regular maintenance will also provide you an advance warning if any part of the system starts failing.

Save More: There are a number of benefits of saving some part of your paycheck each payday. Having some money saved to help you pay for repairing your furnace in case it falls during the winters will not only keep you safe from cold but it will also offer you much needed peace of mind.

Consider investing in a home warranty program: By investing in a maintenance or warranty program for your heating and air conditioning equipment, you can rest assured that all the equipment will be maintained in the best possible manner. It will also protect you in case there is a breakdown.

In case of an HVAC emergency or for tuning up your HVAC system, give a call to an expert HVAC technician now.