Claims and loss prevention: Loss prevention programs
Water leak protection
Water damage from plumbing and appliance leaks is one of the most common and costly cause of loss. Consider these statistics:
|
Cause of Loss |
Average Cost |
| Frozen pipes |
$36,589 |
| Faulty plumbing |
$17,250 |
| Appliance leaks |
$13,467 |
| Bathroom fixtures |
$10,799 |
Even small leaks cause serious damage if they go undetected for a few hours, such as when you are sleeping or are away from home.
Leak Defense System
To help prevent such costly damage, we have a unique agreement with the manufacturer of the Leak Defense System, a state-of-the art solution that automatically detects leaks and shuts off the water supply to your home.
Our clients can save 35 to 40 percent off of the manufacturer’s standard retail price for the Leak Defense System – a value of $600 to $1,000.
Additionally, we offer credits of up to seven percent on your annual premium for your Home policy when you have an automatic leak detection/shut-off system in your home.
To learn more about this wise investment in the safety of your home, read our program description (PDF).