How to Save Money on Leak Detection: Leverage Your Insurance

Prompt leak detection is crucial for safeguarding your home and finances. Smart water security devices that monitor your entire home’s plumbing can help you save thousands on home insurance claims. These devices detect leaks instantly and automatically shut off your home’s water supply to prevent significant damage.

Moen strives to empower homeowners to protect themselves from water damage and its costly consequences. Here are our top tips for saving money while investing in smart water security. Some key advice? Get your insurance company to cover the costs.

Insurance Coverage for Leak Detection Devices

Many insurance companies are willing to pay for the installation of a leak detection device in your home. Why? Because these systems help reduce the number and cost of insurance claims related to water damage. Devices like the Flo Smart Water Monitor and Shutoff have been shown to save thousands of dollars on homeowners’ insurance claims annually.

Insurance companies may cover the purchase and installation of these systems through various methods, such as rebates, direct reimbursement to homeowners, or partnerships with leak detection companies to provide discounts on devices and installation.

Additional Incentives

Beyond reducing setup costs, many insurance companies offer premium discounts for installing a smart water monitoring system. Device manufacturers may also offer deductible reimbursements. For instance, the optional FloProtect Plan includes a $5,000 Deductible Guarantee, covering up to $5,000 of your insurance deductible in case of unforeseen water damage.

Installation Considerations

Total-home leak monitoring systems like the Flo Smart Water Monitor and Shutoff need to be installed on the main water line, which involves cutting the pipe to insert the device. Installation costs vary by state, plumber, and specific job requirements.

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When planning for installation, consider the following:

  • Device Size: Leak detection devices vary in size, which affects the ease of fitting them onto your main water line. The larger the device, the more pipe length required for installation. Check the dimensions of the devices to estimate installation costs.
  • Installation Site: Smart water monitoring devices need an internet connection and access to power. Ensure the installation site allows for easy integration with your home’s Wi-Fi and power supply. You may need extension cords or even a new outlet installation, and a strong Wi-Fi signal is crucial for system performance.

Example: Flo Smart Water Monitor and Shutoff

The Flo Smart Water Monitor and Shutoff come in different sizes to fit various pipe widths, offering flexibility for homeowners:

DeviceWidthHeightDepth
Flo by Moen 3/4” Shutoff (for pipes 1/2″ – 3/4″ wide)5.75 in.5.9 in.2.6 in.
Flo by Moen 1” Shutoff (for pipes 1″ wide)7.36 in.5.9 in.2.6 in.
Flo by Moen 1-1/4” Shutoff (for pipes 1-¼” to 1-½” wide)7 in.7.7 in.3.4 in.
Most residential water pipelines are 3/4″ in diameter, and Moen offers devices to fit pipes ranging from ¾” to 1-¼” wide.

Each smart water security setup is unique, with varying costs depending on the system and installation requirements. By researching and leveraging insurance partnerships, you can protect your home cost-effectively.

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By taking these steps, you can ensure that your home is protected from water damage, one drip at a time. For more information on how you could save money on your homeowner’s insurance and enhance your home’s safety and savings, contact a Triton Insurance Group agent today at (866) 400-7674.

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Triton Agency works with hundreds of carriers so we can provide unbiased advice based upon what is best for our clients in both policy features and pricing. Whatever your Insurance needs (Home, Auto, Umbrella, Business, Liability or Workers' Compensation), we welcome you to experience the Triton difference.