Chubb's Water Damage Report Key Findings
Internal water damage in Australian homes is now a more common and costly risk than fire and burglary.
Burst flexi hoses are the leading causes of water damage in Australia.
The average claim from water damage has increased by 72% in the past five years.
Compared to 94% of homeowners who have smoke and/or fire alarms installed, in their homes, only 1.5% have water shut off devices.