Insurance Benefits of Installing Smart Water Sensors

Installing smart water sensors offers insurance benefits such as preventing water damage and reducing insurance claims.

Insurance Benefits of Installing Smart Water Sensors
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Beagle Services
June 5, 2023

Water leaks and damage can result in significant financial burdens and disrupt the safety and comfort of your home. However, with the installation of a smart water sensor, you can gain valuable insurance benefits that help prevent and mitigate water-related incidents. These innovative devices offer early leak detection, reduce water damage, provide remote monitoring and alerts, and may even lead to insurance premium discounts. By taking a proactive approach to safeguarding your property, you can avoid costly repairs, protect your belongings, and maintain peace of mind.

Every day, Beagle Services helps customers equip their homes with smart water sensors and monitors them for alerts through Watchdog. Watchdog is a monitored alarm by Beagle that links to your property's devices to give 24/7 security monitoring. Functioning just like a fire alarm, theft alarm, or other security alarm, you get professional monitoring and service coming to you in the event that a critical leak issue is detected by our water alarm. Within minutes of your sensors sending a leak or plumbing-related alert that may lead you to needing service, Beagle sends a call-to-action by text and email that helps you get service from a local expert plumber. You can schedule service to install a water security system with our team of experts or link Watchdog to your property's sensors easily online.

In this blog post, we will explore the insurance benefits of installing smart water sensors. We'll delve into how these sensors detect leaks in real-time, allowing for immediate action to prevent further damage. We'll also discuss the reduction of water damage and the associated costs by intervening early. Moreover, we'll highlight the convenience of remote monitoring and alerts, which keep you informed about water-related issues even when you're away from home. Additionally, we'll touch upon the potential premium discounts offered by insurance companies for installing these devices, as well as their role in preventing mold and mildew growth.

Installing a smart water sensor can provide several insurance benefits, including:

1. Early leak detection:

Smart water sensors are designed to detect leaks and abnormal water flow patterns in real-time, and alert you via an app on your smartphone. Some alarms are even audible so that anyone on-site can hear and respond to an alert. By promptly alerting you to potential water leaks or bursts, these sensors enable you to take immediate action to prevent further damage. This early detection can help minimize the extent of water-related losses and mitigate the risk of significant damage to your property.

2. Reduction of water damage:

By quickly identifying and alerting you to water leaks, smart water sensors can help reduce the severity of water damage. This can include damage to structures, furniture, appliances, and personal belongings. By intervening early, homeowners can mitigate the potential costs associated with repairing or replacing damaged items. Smart water sensors can also connect to a property's smart water automatic shutoff valve to shut off the water and prevent further flow from continuing potential water loss and damage in the event of a leak detected by a sensor anywhere in the home. For properties that have a smart water automatic shutoff valve installed, smart water sensors can offer better whole-home protection by monitoring the plumbing's drain-side (the supply-side is monitored by the smart water valve). Whether connected to another device or the sole security option for a property (i.e., for a condo or apartment building that can not support an automatic water shutoff valve installation), smart water sensors can reduce the impact of water damage and the risk through early leak detection that gives the opportunity to intervene and prevent serious loss or damage.

3. Remote monitoring and alerts:

Many smart water sensors offer remote monitoring capabilities, allowing you to receive notifications on your smartphone or computer. This feature is particularly useful when you're away from home, as you can stay informed about any water-related issues in real-time. Remote monitoring enables you to respond quickly, either by addressing the problem remotely or alerting someone who can assist in person. In some instances, smart water sensors may be integrated with your existing home security system. Another option is Watchdog by Beagle, which can remotely link to multiple property's smart water sensors to give 24/7 monitoring and calls-to-action by text and email so that in the event of a leak or plumbing issue detected by our water alarm, we can help you get service from a local plumber to resolve the issue and restore your property's security.

4. Insurance premium discounts:

As weather-related and non-weather losses continue to rise, insurance companies face a growing need for risk mitigation strategies to protect homeowners from loss and damage. Some insurance companies offer premium discounts for homeowners who install smart water sensors. By demonstrating proactive measures to prevent water damage, you may be eligible for lower insurance premiums. Additionally, smart water sensors that come with a monitored alarm can yield even higher discount amounts from insurance companies; Watchdog is an available monitored alarm by Beagle Services that is compatible with multiple types of sensors including Phyn and Flo by Moen to help insurance companies and homeowners gain an additional layer of security and access to trusted service. Discounts vary between providers, so it's advisable to consult with your insurance company to understand the specific benefits they offer.

5. Prevention of mold and mildew:

Water leaks or prolonged moisture can lead to mold and mildew growth, which can cause health issues and require expensive remediation. Smart water sensors can help prevent such growth by alerting you to leaks or high humidity levels in the affected areas. This proactive approach can help mitigate the risk of mold-related damage and associated costs.

In conclusion, the installation of smart water sensors offers valuable insurance benefits that can significantly enhance your home's protection and provide you with peace of mind. It's important to review your insurance policy and discuss the potential benefits of installing a smart water sensor with your insurance provider. They can provide detailed information about any premium discounts, coverage changes, or other benefits associated with this technology. By detecting leaks in real-time and alerting you through your smartphone, sensors enable early intervention to prevent further damage. The reduction of water damage, including damage to structures, furniture, appliances, and personal belongings, can save you from costly repairs and replacements. The convenience of remote monitoring and alerts ensures that you stay informed about water-related issues even when you're away. Moreover, installing smart water sensors may qualify you for insurance premium discounts, as they demonstrate proactive measures to mitigate water damage risks and in preventing mold and mildew growth by promptly alerting you to leaks or high humidity levels.

At Beagle Services, we specialize in equipping homes with smart water sensors and offering monitored alarm services through Watchdog. Our professional monitoring and call-to-action service ensure that you receive prompt assistance from local expert plumbers in the event of a critical leak issue. Take the proactive step of safeguarding your property and schedule service with our team of experts or easily link Watchdog to your property's sensors online. By investing in smart water sensors, you can effectively prevent and mitigate water-related incidents, protect your belongings, and enjoy a more secure and worry-free home.

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Beagle Services

Beagle is your trusted water security partner.
We are experts in water monitoring and leak detection technology that is rapidly expanding through private and governmental incentives.