Water, water everywhere. Here in Florida, we’re inundated with summer rainstorms, tropical depressions, and even the occasional hurricane. All of this water is going to go somewhere, and if you’re fortunate enough to live in a new home outside of a flood zone, you’re pretty safe. On the other hand, if your home is built in a flood zone or if your home is on the older side, your plumbing may be susceptible to damaging leaks.
Did you know that property damage as a result of water damage due to plumbing failures is the second most common cause of homeowner loss. So, it figures that water damage is also the second most frequently filed insurance claim in the U.S.
The American Insurance Association cites water damage claims as the fastest growing
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Experts say that if an automatic water leak detection and shut-off system had been present in the homes in which water damage had occurred, up to 93% of the cost of water damage could have been prevented or minimized, according to recent study of damage sustained by affluent homeowners.
The average cost of those repairs due to water damage could be more than $20,000, compared to only $6,000 for damage due to roof leaks and other causes of loss that the system would not have prevented.
It wasn’t always this bad. In the 1970’s, water damage claims typically added up to around $600. Today, water damage losses range from $2,000 to $30,000 with a mean of around $5,000.
And especially for us here in Florida, the high humidity conditions that exist after water damage create the perfect conditions for mold growth.
So, what can you do about it? For starters, you can be on the lookout for leaks. A leak can be slow and gradual, taking years to detect until significant property damage occurs, or there may be large leaks that quickly create a wide array of damaging results.
Also, it may behoove you to buy a water leak detection and shut-off system for your home. If you suspect that you may have a leak, Sun Plumbing can come to your home and conduct a water leak detection inspection quickly and conveniently. Just call