Water Damage Prevention That Saves You Money

In the United States, it is estimated that water damage costs homeowners billions of dollars every year! If you experienced a leak or flood in your home, you may be faced with the expenses for structural repairs, removal of mold and mildew, replacement of furniture and appliances, the costs of temporary housing, and more.

While you may be able to get your expenses covered by your homeowners’ insurance policy, you may have to deal with your insurance company increasing your premium, dropping you, or requiring the installation of a plumbing leak prevention system.  Moreover, plumbing leaks often destroy family heirlooms, important documents, and electronics that can never be replaced.

Many insurance companies offer discounts or credits to their clients who install plumbing leak prevention system.  Below is a list of some of them.

Allied
https://www.alliedinsurance.com/homeowners-insurance-discounts.jsp

Allstate
https://www.allstate.com/tr/home-insurance/water-damage.aspx

Amica
https://www.amica.com/en/products/home-insurance/discounts/water-damage-mitigation-devices.html

Chubb
https://www.chubb.com/us-en/individuals-families/clients/water-defense.aspx

Farmers
https://www.farmers.com/faq/discounts/

The Hartford
https://extramile.thehartford.com/home/home-insurance/non-weather-water-damage/

Other Resources
https://www.bloomberg.com/news/sponsors/features/chubb/small-leak-big-problem/?adv=13632&prx_t=IvsCATqcSAYikPA

https://www.policygenius.com/homeowners-insurance/does-homeowners-insurance-cover-water-damage/

https://www.allianceforwaterefficiency.org/resources/residential