Real-time water leak alerts from StreamLabs device, maximizing insurance benefits Insurance Benefits of Water Leak Detection Devices

Unlock Insurance Savings with Water Leak Detection Devices

Water damage is a homeowner’s nightmare, but a smart water leak detection device can turn the tide. With StreamLabs water mitigation technology and partnerships like insurance, you can protect your home and wallet. These devices don’t just detect leaks—they prevent costly disasters and unlock Insurance benefits that reduce premiums and out-of-pocket expenses. Explore how a water leak detection system delivers peace of mind and homeowner savings.

StreamLabs smart water leak detection device for homeowner savings and Insurance benefits with insurance

Why Water Leak Detection Matters for Homeowners

Water damage is the second most common homeowners Insurance
claim, accounting for 23% of all claims, according to Nationwide. Every
year, 1 in 60 insured homes files a claim due to water damage or freezing,
costing an average of $12,500 per incident. Without early detection, these costs skyrocket, often leaving homeowners with irreparable losses. A water leak detection device stops leaks in their tracks, minimizing damage and maximizing savings.

With StreamLabs, you’re not just investing in a device—you’re investing in a proactive solution that aligns with Insurance providers like insurance to offer tangible financial benefits.

Our ultrasonic flowmeter knows when water is running and learns based on your daily behaviors, providing hour-by-hour, day-by-day, and month-by-month data.

Insurance companies may offer discounts on on homeowner's policy premiums if you install our tech:

  • Many carriers offer discounts on the Control with flow-based leak detection and auto shut-off, the Monitor with flow-based leak detection, and the Scout point-of-leak sensors.
  • On an average, the cost of installed system pays for itself in less than 3 years for the Control, an auto-shut off device.
  • Based on recent insurance carrier studies, the average water damage loss is approx. $89K.  

How Much Can Homeowners Save with Water Mitigation Devices?

The numbers speak for themselves:

Prevention Savings: A smart water leak detection device can reduce water damage costs by up to 90% by shutting off water at the first sign of a leak (Chubb, 2020).

Insurance Discounts: Installing a device like StreamLabs can earn you discounts of 3-10% on homeowners Insurance
premiums, depending on your provider. For a $1,500 annual premium, that’s $45-$150 in annual savings.

Claim Avoidance: The average water damage claim exceeds $12,500, but with early detection, homeowners avoid thousands in repairs and replacement costs.

Pairing StreamLabs with insurance amplifies these savings, as insurers reward proactive homeowners with lower rates and enhanced coverage options.

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Water damage prevention with StreamLabs water mitigation device for Insurance savings

Insurance Benefits of StreamLabs Water Leak Detection

StreamLabs doesn’t just monitor water flow—it integrates seamlessly with Insurance providers like insurance to deliver unmatched benefits:

  1. Automatic Shut-Off: Prevents catastrophic damage by stopping leaks instantly.
  2. Real-Time Alerts: Get notified on your smartphone before small leaks become big problems.
  3. Insurance Incentives: Many insurers, including insurance, offer premium discounts for installing water mitigation devices—sometimes up to 5% off your policy.
  4. Peace of Mind: Protect your home 24/7, whether you’re at work or on vacation.

Insurance recognizes the value of StreamLabs, making it a
top choice for homeowners seeking both protection and savings.

Start Saving Today

Take Control of Your Home and Insurance Costs

Ready to save on Insurance and protect your home? StreamLabs water leak detection devices are easy to install and proven to deliver results. Contact Insurease or your Insurance provider to see how much you can save with this game-changing technology. Don’t wait for a leak to strike—act now and enjoy the insurance benefits of water mitigation.