Non-weather water losses are quietly eroding profitability for American property insurers, with one in 60 insured homes filing a water damage or freezing claim each year and average losses climbing alongside labor and materials costs. As aging housing stock, infrastructure stress and extreme temperature swings expose more vulnerabilities, traditional risk controls and pricing alone are no longer enough. Carriers that fail to get ahead of non-weather water losses risk margin compression, tougher reinsurance conversations and a growing competitive gap against peers who are already leveraging connected home technologies.
This white paper, Reducing Non-Weather Water Losses Through Smart Technology, shares exclusive findings from a limited case study conducted by Moen in partnership with a major national home insurer. It details how the Moen Flo Smart Water Monitor and Shutoff helps reduce both the frequency and severity of non-weather water claims, while giving insurers richer telematics data to refine pricing, underwriting and risk engineering. You will see how program design, device deployment and data insights work together to turn reactive claims handling into proactive loss prevention, delivering better outcomes for carriers, agents and homeowners alike.
In this white paper, you’ll learn:
- Why water damage is one of the most pervasive and expensive challenges facing both homeowners and insurers in today’s market.
- How a study with a major homeowners insurance provider shows Moen’s Flo Smart Water Monitor and Shutoff can help reduce water insurance claim frequency and claim severity
- What these results could mean for your own book of business – including potential savings if similar performance is achieved.
Download the white paper today to see how smart water technology can transform non-weather water losses from a stubborn cost center into a controllable, data driven opportunity, and position your organization at the forefront of the next wave of property risk innovation.
