Water damage makes up 45% of all property damage – happening more often than fire or burglary.
If you have a “smart home” then you should consider adding another feature – a leak detection system (i.e. Flo by Moen or Sentinel Hydrosolutions). This gives homeowners the option to turn their water supply on or off remotely on their smart phone or other device.
Insurers that we partner with – Berkley One, Chubb, AIG and PURE for example, offer incentive programs and potential premium discounts who have a leak defense system installed in their homes.
Here is how most leak detection system works: Sensors are placed around the home under or next to anything connected to a water line, including sinks, toilets, water heaters, washing machines, refrigerators and bathtubs. If water touches the sensor, it will send a signal to a control board that in turn sends a message to a command to shut off the valve at the main supply line. The system also monitors water flow through the home’s plumbing system and can close a valve installed in the water line feeding a home if it senses water flowing at a greater-than-expected volume or duration.