Do You Have a Water Heater Leak Alarm and Shutoff System? - Skip to main content

Do You Have a Water Heater Leak Alarm and Shutoff System?

By October 27, 2020November 18th, 2020Blog, Business Insurance, Claims, Personal Insurance
water heater

Water heater and water tank failures can happen at any time and cause substantial damage. A water heater leak alarm and automatic shutoff system can mitigate damage and reduce the risk of a flood from occurring.  If the leak is not immediately detected, substantial flooding and property damage can occur. Some companies have designed Water Heater Leak Alarm and Automatic Shut-Off Systems 

These alarm systems are ideal for minimizing water damage when these failures occur and are easy to set up: 

  • Install a valve to the feed water line for the water tank. 
  • Place a sensor puck on the floor in a pan near the pressure relief valve drain tube, or in a position where the leaking water would first appear.  
  • When the sensor detects leaking water, the system will automatically shut off the feed and sound an audible alarm. 

This disables the cold water supply line to hot water tanks or similar applications with basic plumbing installation. Units are usually powered by a standard 120 VAC wall outlet 

WiFi Enabled Devices 

Wi-Fi enabled devices operated by machine learning and Artificial Intelligence make things even easier. These devices detect a leak or unusual water flowOnce this occurs the main water valve is automatically turned offThe device is then able to send you a notification via email or textThis will save you time and money on the cleanup process. 

Avoid Increased Premiums 

Not only should owners investigate this, but the board of directors may want to require each owner to install a water heater leak alarm and shutoff system. Reports show that owners are 93% less likely to experience costly water loss with Wi-Fi enabled automatic water shutoff device. 

Remember, claims are the single biggest reason insurance premiums increase and anything that can be done to prevent or reduce losses should be researched. 

Some insurers offer discounts (ranging from 3-12%) on insurance premiums to insureds who have one of these devices installedHigher discounts are given towners that have devices that include a link to a central station monitoring company. 

As always, we are here to help our clients prevent loss and reduce premium costsPlease contact us with any questions 

 

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