Trends, risks and mitigation for water leaks, pipe bursts and plumbing issues.
Burst pipes, roof leaks, overflowing toilets, and leaking appliances can cause significant damage, with losses ranging well into the millions of dollars. These types of water damage can also result in business interruption, relocation costs, lost rents, and can negatively impact your reputation as a business.
Learn more from our research on trends, risks, and mitigation for water leaks, pipe bursts and plumbing issues.
While no business is truly immune, commercial real estate, habitational, hotel and health services industry classes are experiencing a significant increase in interior water damage claims.
These materials are advisory in nature and are provided as a resource to be used together with your professional insurance advisors in maintaining a loss prevention program. It is an overview only, and is not intended as a substitute for consultation with your insurance broker, or for legal, engineering or other professional advice.