Why Insurance Carriers Are Requiring Leak Detection
What happens when insurers stop recommending water shutoff technology and start requiring it? Explore the forces reshaping property insurance.
THE IMPORTANCE OF REAL TIME LEAK CONTROL
As pioneers in comprehensive real-time flow based leak control, FloLogic has observed a variety of products that are sold as leak detection solutions that have entered and exited the market. As more products become available, it’s important to recognize how FloLogic offers superior protection against potentially costly leaks.
TAKE PREVENTATIVE STEPS TO AVOID FROZEN PIPES
According to the Insurance Industry Institute, water damage and freezing is the second most common home insurance claim filed, with the average claim totaling $8,861. In fact, frozen pipes are a significant contributor to the more than $10 billion in annual insurance claims paid out due to plumbing leaks.