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How automatic shut-off water systems are changing homeowners' claims

Water damage is among the leading causes of homeowners claims across the insurance industry, but certain tools can mitigate the cost of claims.

By Nicholas Ruickoldt | Updated on September 29, 2016
Water damage is among the leading causes of homeowners’ claims across the insurance industry. (Photo: iStock)

From torn washing machine hoses to burst pipes, it’s no wonder that water damage is among the leading causes of homeowners’ claims across the industry.

Anyone who has ever dealt with a water issue at home or been involved with a water loss claim can speak to the devastation. The loss is typically greater than the property that is destroyed.

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