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More than 50% of all property insurance claims in the U.S. are related to non-weather related water losses in the home. A vast majority of those losses could have been significantly minimized or avoided if the home was equipped with an automatic water shutoff valve device. Such device will monitor the water in a residence's pipes for unusual water flows and close to valve to shut off the water home’s water supply. This episode will provide an in-depth analysis of this risk management strategy and how it can help homeowners avoid costly damage from water leaks.
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More than 50% of all property insurance claims in the U.S. are related to non-weather related water losses in the home. A vast majority of those losses could have been significantly minimized or avoided if the home was equipped with an automatic water shutoff valve device. Such device will monitor the water in a residence's pipes for unusual water flows and close to valve to shut off the water home’s water supply. This episode will provide an in-depth analysis of this risk management strategy and how it can help homeowners avoid costly damage from water leaks.