Water leaks and plumbing failures are one of the most common insurance claims in both the Central Florida and Atlanta areas. They can end up costing both the homeowner and insurance company thousands of dollars in repairs.
A review of homeowner’s insurance claims from water leaks by the Insurance Institute Business & Home Safety reveals the plumbing failure risks.
Plumbing supply system failures are the leading source of residential water losses, with 48% greater losses (in terms of total payouts) than the second leading source.
Plumbing supply system failures cost an average of $5,092 per incident after the deductible was paid.
Homes that were 16 to 40 years of age represented a larger proportion of supply system material failure claims than their proportion of total policies.
The proportion of total water loss claims attributed to supply system material failure was twice as high in the South Region than in the North Region.
Of the claims analyzed, 22% of all supply system material failures occurred beneath the slab of homes without basements.
Many of these plumbing failures occur behind walls, under the concrete slab, and outside in the yard. The damage can often sneak up on the property owner as a high water bill, mold, rotting wood, warm floors, puddles on the lawn, and musty odors.
The Orlando/Atlanta Leak Doctor is dedicated to providing insurance companies with exception water leak detection service. We understand the stress clients feel when they have to make a claim with their insurance company and we treat them with positive and sensitive assistance.
Our professional technicians can pinpoint current leaks and predict future leaks, thus averting potential problems and hazards and provide only quality service.
Reliable and accurate results with the latest detection equipment, with the ability to find leaks under concrete slabs, behind walls, under the ground and just about anywhere else.
Detecting water leaks is very important, if left unattended, they can become a safety issue. This is why it’s important to seek out a reputable and qualified company.
As a leader in the industry, the Leak Doctor has earned our distinguishing reputation by providing exceptional customer service, professional technicians, the newest technology and reliable service.
