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10 Quick Facts About Water Leaks


Did you know….

  1. Annual household leaks amount to one TRILLION gallons of wasted water

  2. 5.5% of homes leak over 100 gallons per DAY

  3. One leaking toilet can account for 3 to 5 gallons of water lost each MINUTE

  4. Water damage claims account for more than half of all commercial real estate insurance claims

  5. Three-quarters of all money awarded for insurance claims comes from water damage

  6. There is a 50% chance that the next property claim to be submitted will be water related, and if it is, it will cost, on average, three times as much as a claim that does not involve water damage

  7. Insurance companies quote that there are over 300 daily leaks in US commercial buildings

  8. A 2010 report from the National Association of Water Companies and the U.S. Chamber of Commerce stated that nearly half of all pipes in the U.S. were in poor condition

  9. Some insurance companies offer discounts to policy holders that install a water leak detection system

  10. According to The American Insurance Association, water leaks result in property losses amounting to over $10 billion annually

For information on how you can protect your buildings, go to www.thedetectiongroup.com or email me at canderson@thedetectionggroup.com

Sources:

https://www.epa.gov/watersense/fix-leak

http://www.leakpreventionpros.com/insurance-discounts.php

https://www.zurichna.com/en/knowledge/articles/2015/10/cure-for-water-damage-offices-habitational-facilities

https://www.nicb.org/newsroom/news-releases/slight-increase-in-water-damage-claims

https://awrusa.com/news-and-articles/articletype/articleview/articleid/369

http://www.leakpreventionpros.com/insurance-discounts.php


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