WATER DAMAGE IS THE NO. 1 PROBLEM WITHIN THE HOME!
Its easy to think it could never happen to you – but water leaks or floods actually affect more than half of homes at some time. And when a flood hits, the effects can be devastating and disruptive.
Where can water leaks occur?
Water leaks in the home have a number of common sources. It can be something as simple as a blocked sink or a problem with your dishwasher or washing machine. In the colder months, frost causing pipes to burst is a major risk of flooding and water damage in homes. A water leak doesn’t even have to start in your home to cause damage – an issue with a neighbour’s roof or a leak in the flat upstairs can bring flooding and water damage to your home.
What does water damage cost?
A leak, a blocked sink, a burst pipe and suddenly you are confronted with a ruined home and costs that can run into the thousands. Not to mention the stress and hassle of dealing with water damage. A serious water leak will ruin not just your possessions and furniture but also your carpets and walls.
The longer a water leak continues the heavier the level of water damage you will have to deal with – you may need to hire pumps and dehumidifiers to dry out a home affected by flooding, before recarpeting, replastering and redecorating can be done. Add to this the possibility of having to move out of your home while the clean-up happens and you can see that water damage is a serious issue – and one well worth protecting yourself against.
You might think it cannot happen to you?
But the fact is that every second home has experienced water damage at least once. That’s why it is wise to take pre-emptive action against water leaks with a smart home system that keeps you updated and protected against the worst.
WHEN WATER GETS OUT OF CONTROL, YOUR HOME IS DEFENCELESS
REAL AND SCARY STATISTICS ON HOME WATER DAMAGE
54% of households have experienced mains-related water damage in their homes. (1)
65% of all cases are related to pipes. (2)
Water damage could have been prevented in 93% of cases.(3)
In the UK, the average burst pipe claim is £7,000. (4) 28 % of households are not even reimbursed at all. Those who are only get 61% of the total cost reimbursed. (1)
According to The Association of British Insurers, escape of water causes approximately £2 million worth of damage every day. (5)
After just 24 hours mould can start to build up due to humidity: causing respiratory problems, asthma and allergies.(6)
41 % of burst pipes are not recognized immediately, causing high volume of water outflow and water loss. (2)
61% of small leaks or cracks in pipes are detected after 1 week or later. (2)
(1) The ConsumerView, January 2017, Quantitative Assessment Europe
(2) The ConsumerView, May 2017, Quantitative Assessment Europe
(3) ACE-Group: http://www.businesswire.com/news/home/20110404007195/en/ACE-Private-Risk-Services-Study-Identifies-Type
(4) Chartered Institute of Loss Adjusters - http://www.cila.co.uk/cila/download-link/sig-downloads/property/125-ific-escape-of-water-factsheet/file