A Costly & Constant Threat
Escape-of-water incidents are not just common; they represent one of the most significant financial drains on the insurance industry and property owners, with costs escalating year over year.
Paid out daily by UK insurers for escape-of-water claims.
Escape-of-water accounts for a staggering one-third of all property insurance claims by value, highlighting its disproportionate financial impact.
A Tale of Two Responses
The difference between traditional reaction and proactive prevention is the difference between catastrophe and control. LeakNet fundamentally changes the outcome.
The Reactive Path: Damage Done
The LeakNet Path: Damage Prevented
Proof in Performance
The efficacy of smart shutoff technology is not theoretical. Data from LeakNet and other leading systems provide undeniable proof of dramatic risk reduction.
Comparative Claim Reduction
Across the industry, smart systems demonstrate a powerful ability to reduce the number of water damage claims.
Lower chance of a claim on sites protected by LeakNet.
Reduction in claim frequency with similar smart shutoff tech.
Reduction in claim severity, minimising the cost of any incidents.
The Dual-Impact Advantage
LeakNet's value isn't just in stopping leaks; it's in fundamentally reshaping the risk equation for both insurers and property owners by tackling both the number and cost of claims.
Fewer claims occur
Claims that do occur cost less
Beyond Insurance: Direct ROI
Potential reduction in water bills by eliminating hidden waste, making LeakNet a self-financing investment.