Get smart about preventing water damage
Imagine coming home to six inches of standing water in your basement.
That’s a possibility every homeowner should be aware of considering the statistical likelihood of water damage. It’s also one of the most common insurance claims: water damage accounts for nearly 23% of insurance claims.1
What many homeowners may not realize is that the true cost of water damage goes beyond just the claims. On average, water damage repairs cost $17,059, and that’s not including the loss of irreplaceable items and the accompanying emotional toll.2 So, what can you do to help prevent damage in your home?
Get smart about water detection
When you live with the expenses, risks, and unpredictability of owning a home, peace of mind is everything. That’s why smart home devices such as smart home thermostats, doorbells and security cameras have become increasingly popular among homeowners, especially younger generations comfortable with technology and connectivity. When surveyed, 76% of Gen Z homeowners expressed interest in owning smart home devices compared to 39% of Boomer homeowners.2
The good news is that smart home device capabilities extend well beyond the property cameras and alarm systems you’re likely more familiar with. Water detection sensors, for example, can help prevent or minimize damage from overflowing bathtubs, bursting pipes, sewer backups, sump pump failures and more. By enabling early detection, these sensors help make one of the most common sources of insurance claims the most avoidable.
Feel safer at home with smart home technology from Nationwide
Nationwide's smart home program uses innovative technology to help keep our members, their families and their belongings safe. We offer smart home sensors that monitor for issues even while you’re away, which helps prevent damage and dangerous situations.
LeakBot and Phyn smart water sensors are the core leak detection devices in Nationwide's smart home program.
LeakBots monitor a home's water system for leaks, and is easy for members to install themselves. If a leak is detected, the homeowner will receive an immediate notification with the option to schedule a plumbing repair service with a LeakBot plumber. The LeakBotplumber can locate and repair the leak at no-cost to the homeowner.3
Phyn smart water sensors detect moisture where it shouldn't be. The sensors are placed near potential sources of leaks, such as sump-pumps, under appliances that use water, or under fixtures (such as sinks or toilets). Once connected, members will receive alerts when water is detected, and can set custom alerts in the free Phyn app.
Make your home safer – with smart home.
If you are a Nationwide homeowner policyholder, see what sensors you are eligible for.
If you are a Nationwide condo or renter policyholder, contact your agent to learn what smart home solutions are available to you.