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Water flow detection systems, or little devices that monitor when water is escaping into a home or building when no one is inside, have become one of the latest gadgets for homeowners who have or may experience water leakage in their homes or condos.
You may be thinking a water flow detection system would be overkill for monitoring things going on at home. However, considering the high cost of repairing a home, apartment, or condominium with water damage, purchasing these little devices may be justified.
The greatest economic justification for water detection systems is in multi-story condominium or apartment building. A broken water pipe or running water while someone is away always makes its way downhill, as in, downstairs. Thus, a leak on the third or fourth floor will almost inevitably cause damage to units on the first and second floors. Water damage can be incredibly expensive to repair, requiring new flooring, drywall and mold prevention, and often includes damage to other property, too. Lengthy repairs can also mean staying elsewhere while repair work is done.
There are several different variations of flow detection systems to choose from; most good ones require installation by a qualified plumber. When properly installed and set up these little devices can alert you or your building maintenance contacts that water is flowing without the interruptions characteristic of normal use. Once the device is alerted it sends a notification to one or many mobile devices.
Because the winter of 2015 was such a destructive season, insurance companies are now applying deductibles to each unit owner as a means of alleviating their risk. A trend we are now seeing in condominium insurance is these "per unit deductibles" applied to a water damage loss and other specifically listed events such as wind or ice damage. Thus water damage isn't just a problem for the association as a whole: in many condo complexes, and especially those that had losses in 2015, it is now a problem for individual unit owners, as well. Now more than ever, taking proper precautions to reduce the chance of water damage may be money well spent.
To discuss water flow detection systems or to find out more about risk management for your home or building, contact Gordon Atlantic by clicking HERE or call us at (781) 659-2262. You can also get a quote by clicking below:
