Non-season water loss is quietly eroding profitability for American property insurers, with one in 60 insured homes filing a water damage or freezing claim each year and the average loss rising along with the cost of labor and materials. As aging housing stock, infrastructure stress and extreme temperature fluctuations expose greater vulnerabilities, traditional risk controls and pricing alone are no longer sufficient. Carriers that fail to get ahead of off-season water loss risk margin compression, difficult reinsurance conversations and an increasing competitive gap against peers who are already leveraging connected home technologies.
This white paper, Reducing Non-Weather Water Loss Through Smart Technology, shares exclusive findings from a limited case study conducted by Moen in partnership with a leading national home insurer. It explains how the Moen Flow Smart Water Monitor and Shutoff helps reduce both the frequency and severity of non-weather water claims, while giving insurers rich telematics data to refine pricing, underwriting and risk engineering. You’ll see how program design, device deployment and data insights work together to transform reactive claims into proactive loss prevention, driving better outcomes for carriers, agents and homeowners.
In this white paper, you will learn:
- Why water damage is one of the most widespread and expensive challenges facing both homeowners and insurers in today’s market.
- A study with a major homeowners insurance provider shows that 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 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-seasonal water loss from a stubborn cost center into a controllable, data-driven opportunity, and put your organization at the forefront of the next wave of asset risk innovation.
