Insurance Industry Solutions
AquaTrip is an excellent companion tool for the Insurance Industry. In an effort to better forecast and mitigate risk, insurers can potentially reduce the risk profile of a given property when AquaTrip is installed. By offering discounts or rebates for insurees who use AquaTrip, insurers can offer greater value to their clients while minimizing the fiscal impact from potential plumbing failures in an insured property.
AquaTrip offers models and additions that serve varying levels of monitoring and communication needs. However, even with the most basic AquaTrip leak detection system, an insurer’s risk of covering major water damage is meaningfully reduced. Not only can insurance companies incentivize clients with lower premiums thanks to AquaTrip, so too can they improve client retention by offering loyalty bonuses in tandem with AquaTrip’s long, useful life.
Another useful feature available with AquaTrip is its ability to be integrated with existing alarm systems. This allows for third party monitoring for water emergencies, giving a ruptured pipe the same improved response times as with fire or burglary.
Protecting prestigious and expensive properties from water damage is essential in order to avoid the disproportionately expensive rebuilding and repair costs affiliated with these types of buildings.
Special properties such as these require extra care and vigilance in order to maintain their architectural, structural and esthetic integrity. There is no question that AquaTrip offers the best in water flow monitoring technology to protect your high value property. Unlike other systems, AquaTrip’s centralized monitoring system constantly senses for leaks or plumbing irregularities and does not require multiple sensors nor alert you based on moisture detection. This is an important distinction as AquaTrip does not need water damage to have already occurred in order to notify you and shut off water flow. While additional sensors can be added to the AquaTrip system for additional protection, the centralized monitoring is what sets AquaTrip apart.
Historical buildings are crucial for preserving history, culture and architectural diversity. Many historical structures are also home to aging plumbing system and fixtures that are likely to leak and cause major damage over time. AquaTrip’s ability to be easily installed in buildings regardless of age can help maintain these important historical structures for generations to come. By quickly identifying leaks in real-time and automatically shutting off water flow, AquaTrip reduces the potential for destruction to often irreplaceable structural details and furnishings.
AquaTrip’s unique capabilities make it a must-have for any high water damage risk profile property. Whether the increased risk is due to its period of construction, type of construction or geographic location, AquaTrip mitigates water damage risks by minimizing potential damage resulting from a plumbing emergency. In turn, the curbed loss event likelihood reduces the proportional long term risk assessment of the property, potentially lowering premiums or improving access to coverage overall.
Offices, Data Centers, Warehouses and other commercial buildings are not immune from plumbing emergencies. In fact, burst pipes, water damage and leaks can lead to disastrous asset losses and operational disruptions. As with so much in business, adequate preparedness is key for weathering unforeseen problems. The same is also true for plumbing emergencies and leaks. With AquaTrip, a leak can be detected and its potential damage minimized, helping to guard against major financial, inventory and reputation losses.