Water and freeze damage continues to be one of the most frequent insurance claims for a homeowner. In fact, one in fifty homes have a claim each year. That's 7x more frequent than other perils! For an insurer, this means a good portion of their resources, customer communications and payouts are related to preventable claims.
How can smart home IoT help homeowners prevent and mitigate water leaks?
How does the ROI breakdown?
In this one-pager, we showcase the ROI on 50,000 policies just factoring in early water leak detection.