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New Device Could Reduce Homeowner Insurance Water Damage Claims

According to an article from www.claimsjournal.com –

ACE Private Risk Services study of damage sustained by affluent homeowners notes that an automatic water leak detection and shut-off system could prevent or greatly reduce water damage caused by leaking pipes, plumbing fixtures, hot water heaters, appliances and heating and cooling systems.

To see annual homeowner policy property losses cuased by water and the average cost of repairs visit – http://www.claimsjournal.com/news/national/2011/04/08/184301.htm

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