Water is more important than food to sustain life, and yet it is the largest menace for home insurance claims. According to the Insurance Information Institute, about one in 60 homeowners files a water damage claim every year, accounting for 20% of all homeowner insurance claims.
And these costs expand beyond personal residences. Water leak prevention devices in multi-family dwellings, home rentals and new construction can help solve many issues. Imagine if you were living in a condo and the property above yours had a pipe burst while your neighbor was away. Your neighbor’s nightmare is now yours, and the property below you and the building management company.
The same is true for any unoccupied home. Home rentals are notorious for large water damage claims due to faucets and fixtures being left open. Knowing your water supply line is protected is worth the price!
Stopping Water at the Source
The good news is that 93% of water leaks can be prevented. Well-placed water leak detectors that are connected to a water shutoff valve can help prevent catastrophic water damage. When you use Resideo’s new Braukmann L5 WiFi Water Leak Shutoff Valve on your home’s water main, you can help safeguard your belongings along with the home’s structure from potentially costly repairs.
Here’s how it works. The L5 WiFi Water Leak Shutoff Valve shuts off your home water supply when it detects water via a connected 5-foot sensor cable. Plus, you can easily link multiple Resideo Water Leak and Freeze Detectors for even more coverage throughout your home. The L5 can send alerts to your phone when water is detected allowing you to manage your home’s water even when you are away. The Resideo app can be set up as a water leak detection control panel with notifications, customized alerts, and pre-set shutoff locations. You can also assign alerts to anyone, especially helpful if you own a second property or want to notify your plumbing professional automatically.
Here are a few other ways a water management system and/or leak detection device can help:
- Air handler in the attic. Using water leak detection devices in or around a condensation pan would be a good idea so as to identify any water damage threat in an unconditioned space.
- Dehumidifier in a crawl space. The average dehumidifier captures 30-70 pints of water per day and this moisture needs to go somewhere. A water leak detector delivers peace of mind when the unit is out of sight.
- Laundry on the second floor.Water damage from a second story can heavily increase the liability of a water damage claims above your insurance deductible. A water leak detector will quickly alert you to an issue.
You usually won’t notice a leak until the damage is already done. With a Braukmann L5 WiFi Water Leak Shutoff Valve in your home, you are helping protect yourself from potentially expensive damage to your home and belongings.
