Leaks caused by plumbing system failure are quickly becoming the number one claim for high-value homes.
In response to this, several insurance carriers have recognized the Leak Defense System as a cost-effective option for the prevention of catastrophic plumbing failure. These insurers offer incentive programs to their policyholders who have the Leak Defense System installed in their homes or businesses.
What is a Leak Defense System and how does it work?
A Leak Defense System continuously monitors your home’s plumbing for hidden leaks and then automatically shuts off the water supply when it detects a leak. It works in one of two ways, either by ultrasonic wavelengths or a mechanical turbine. Either way, it observes the pattern of water flow by counting the gallons passing through the sensor or by recording the time delay sonically. These units are generally installed at the water’s point of entry into the house.
So effective, the insurance companies want to assist in purchasing and installation
Talk about incentives! The Leak Defense System is so effective at reducing damage caused by plumbing leaks that some insurance companies are offering to help with the purchase and installation of the system.
Here are some of the participating companies:
- Fireman’s Fund Insurance
- ACE Private Risk Services
- Chubb Group
- Pure Insurance
- AIG
- Crestbrook
- Are you an insurance company that offers an incentive and is not listed? Click here to let us know!
Qualifying clients will receive substantial discounts on the cost of a Leak Defense System, component accessories, and installation.
There are more perks?
Clients are also eligible for discounts on the cost of annual premiums once a Leak Defense System is installed in their home. This premium discount varies by state and policy type, so clients should check with their local agent for complete details.
Cost Factors
The cost depends on a couple of factors:
- The unit itself- There are multiple versions ranging from $150 to $5000. It can depend on how simplistic or specialized the unit is and which system meets your demands.
- Are you going to install it or will you have it professionally installed? The cost will depend on the system itself, valve size (can range from 3/4″ to 3″ with the most common being 3/4″ or 1″), any tools you might not have but need to install yourself, or installation costs if you plan on having a plumber install it, and finally, any component parts (if needed). Be sure to check with your insurance company if you want them to help shoulder the cost of the unit. Chances are they will have some requirements about what kind of system they’ll help cover and more than likely they’ll want it to be installed by a professional plumber.
While it can be a costly investment upfront, a Leak Defense System can save you thousands on the backend. It’s a great addition to your home’s security and protection. Call us to inquire more about all the benefits a leak defense system offers.
Residents in Atlanta, Acworth, Alpharetta, Austell, Ball Ground, Canton, Cumming, Dallas, Kennesaw, Johns Creek, Marietta, Mableton, Roswell, Sandy Springs, Smyrna, Suwanee, Woodstock, and most neighboring cities and communities have counted on My Georgia Plumber for over 30 years.
Call My Georgia Plumber today at 770-592-0081 or conveniently schedule online.
