Water damage can be a homeowner’s worst nightmare, causing extensive property damage, costly repairs, and potential health hazards. And in Florida, water damage risks are more heightened, nearly half of all Homeowner Insurance claims are not caused by catastrophic events but rather by more typical occurrences such as leaks, plumbing issues, or accidental water damage. And the average cost for these types of claims is $12,500! 

But there is a solution that not only protects your home but can also save you money on your insurance premiums: smart water leak detection systems. Let’s look closer at how these innovative systems go beyond safeguarding your property and can help reduce your insurance costs.

Early Detection and Mitigation:

One of the primary benefits of smart water leak detection systems is their ability to detect leaks early on. These systems employ advanced sensors strategically placed throughout your home, monitoring for any signs of water or moisture. By detecting leaks at their inception, you can take swift action to address the issue before it escalates into a major problem.

Minimizing Water Damage and Claims:

Water damage claims are a common occurrence for homeowners insurance policies, and they often result in increased premiums. However, by investing in a smart water leak detection system, you demonstrate your commitment to proactive risk management.

Enhanced Protection During Vacancy:

For many Florida homeowners, seasonal occupancy or periods of extended absence are common. During these times, the risk of undetected water leaks can be particularly concerning. Smart water leak detection systems provide an extra layer of protection, even when you’re not physically present in your home. Through real-time alerts and notifications sent to your smartphone, you can address potential leaks promptly, minimizing damage and avoiding costly repairs.

Insurance Policy Discounts and Incentives:

VYRD understands the importance of risk mitigation and proactive measures taken by homeowners to protect their properties. As a result, we offer a 15% discount off a portion of your premium for installing a smart water leak detection system, that we provide! Its easy, enroll today and we ship you a kit for free. We even take care of the shipping. There are no monthly data fees. Be sure to discuss this discount with your insurance agent to determine your specific savings.

Learn more details about VYRD’s Smart Home Water Protection program.

Protect your home, your finances, and enjoy the peace of mind that comes with proactive measures and cost savings on your insurance policy.