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Water Leaks

The 3 Types of Water Leak Detectors A Smart Building Needs

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LAIIER

Water damage costs to our homes and businesses are immense. Flooding, broken pipes and minor, hidden leaks are the leading cause of commercial property insurance claims. Allianz Global Corporate & Security, in an analysis of nearly half a million claims between 2013 and 2018 from over 200 countries and territories, found that water damage accounted for the third-highest number of insurance claims for global business.

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Why Current Water Leak Detection Sensors Do Not Suit The Home

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LAIIER

Water leaks are a serious issue

Domestically in the US, leaks can waste more than one trillion gallons of water per year [ref] and every day 14,000 Americans face a water damage emergency [ref]. This is reflected by how 1 in 50 US homes will make a water claim each year amounting to a huge strain of $13 billion in annual insurance payouts (2017). Behind these payouts, the added detriments of water leaks to homeowners and utility providers expand to damage of the surrounding property, higher water bills and dealing with secondary effects such as mold.

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