In the ever-changing property market, there’s one sneaky threat that homeowners and business owners often overlook: water damage.
While we might worry more about burglaries or fires, the stats tell a different story: properties are six times more likely to suffer from water damage than theft and seven times more than fire. At Kapnick Insurance, we get how serious this is, and we want to help you understand and tackle it head-on.
Water damage can be a silent troublemaker, sneaking into your foundation, ruining walls, and destroying your favorite belongings. The repair bills can skyrocket, and the sentimental losses can be heartbreaking.
But don’t worry! You can take proactive steps to prevent this kind of devastation.
Embracing Smart Water Solutions
One of the best ways to protect your property is by using cutting-edge water mitigation technology. Think about installing water shutoff devices that can detect unusual water flow, signaling potential leaks. These nifty gadgets can even automatically turn off your water supply to prevent disasters. Plus, they connect with smart technology to keep you updated through mobile apps!
Easy Steps to Stay Safe
To ensure your peace of mind and safeguard your investment, it’s essential to adopt practical measures that enhance your property’s resilience against water-related incidents. Here are the steps to install a water shutoff device:
- Find a skilled, certified plumber who can help you pick and install these devices.
- Schedule the installation—plumbers can get busy!
- After installation, do a thorough test to ensure everything works well and that the apps respond correctly.
In addition, consider adding water sensors to your property. These little helpers keep an eye on vulnerable areas 24/7, sending immediate alerts at the first sign of a leak so you can spring into action.
Who Should Consider This Protection?
If your property is valued at $1 million or more, installing a water shutoff device is essential. But honestly, we recommend these precautions for all properties. While not every place needs a water sensor, having one can save you from serious damage and costs down the line.
If the Worst Occurs
Unfortunately, even if you take all of the best steps at protecting your home or business from water damage, the worst can still happen. As always, preparation is key. At Kapnick, we have vetted resources for repairing any damage that occurs, and for businesses can assist in arranging a pre-loss contract.
Setting up a pre-loss contract with a vendor can help:
- Improve response time and prioritization
- Establish any particular areas of concern
- Alleviate higher prices when losses occur during hurricanes or other weather events and vendors are slim
Get Customized Protection with Kapnick Insurance
If you want to learn more or schedule a consultation about the best policies and protections for your home or business, reach out at info@kapnick.com. Let’s be proactive against water damage—it’s not just about the policy; it’s about safeguarding what matters most to you!
