Homeowners' insurance is a necessity — but what if your smart water monitor could help reduce your premium while protecting your property?
The Insurance Industry's Growing Concern
Water damage accounts for nearly 24% of all homeowner insurance claims in the U.S., with average payouts reaching up to $15,000. For insurers, proactive prevention is more attractive than covering costly repairs. That’s why many providers now offer discounts for homes equipped with smart water monitoring systems.
What Insurers Look For
Insurers reward homeowners who take steps to mitigate risk. You may be eligible for a discount if you have:
- A real-time leak detection system
- Automatic shutoff valves
- App-based water monitoring
- Historical usage reporting
StreamLabs meets all these criteria. Our devices help you spot leaks before they grow into disasters, saving you (and your insurer) thousands in potential losses.
Document Your Protection
When discussing discounts with your provider, be prepared to:
- Share device specifications
- Show water usage tracking reports
- Highlight remote shutoff features
Our StreamLabs app provides easy access to this information, giving you leverage in your next insurance negotiation.
Protect your home and your wallet. Install StreamLabs today and ask your insurance provider about available discounts.
