Moen, a leader in home water experiences, announced a new initiative with Amica Insurance to encourage policyholders to adopt Flo Smart Water Monitor and Shutoff devices through special savings and installation programs. This smart technology can significantly reduce the incidence of catastrophic water damage due to residential leaks. Flo Smart Water Monitor and Shutoff devices offer a proactive, digitally-driven approach to leak detection, potentially reducing water damage claims by up to 96% and household water waste from preventable leaks by up to 90%.
Increasing the use of smart leak detection in homes helps homeowners avoid the expense and disruption caused by preventable flooding. “Water damage accounts for 24% of all homeowner insurance claims and can create financial and emotional hardships for homeowners,” said Jeff Barnes, vice president of business development at Moen. “Nationally, insurers pay out over $15 billion annually in water claim damages, a significant portion of which are due to leaks. By promoting Flo smart leak detection, Moen can help reduce water damage claims and associated costs. Additionally, we can reduce wasted water, which is critical in areas where water is scarce. Nationally, an estimated one trillion gallons of water are wasted annually due to leaks.”
Moen will collaborate with Amica to provide Smart Water Monitor and Shutoff devices to policyholders across the United States. “Amica has been a partner of Moen’s for five years, and we look forward to enhancing our water loss mitigation efforts together,” said Laurie Tremblay, Amica Senior Innovation Analyst. “Water leaks are one of the leading causes of preventable insurance claims each year. With Moen’s innovative system, we can help homeowners better understand their water usage and prevent water damage.”
The Moen® Flo Smart Water Monitor and Shutoff continuously monitors the pressure and flow rate of water moving through a home’s pipes, detecting leaks as small as a drop per minute with Microleak™ Technology. If an issue is identified, the device sends an alert through the Moen Smart Water Network App, allowing users to turn off the water. In the event of a catastrophic leak, it automatically shuts off the water to prevent major damage. Homeowners can also track water usage by fixture and set conservation goals within the app to support water-saving efforts.
For more information about the Moen Flo Smart Water Monitor and Shutoff, visit moen.com/flo. Organizations interested in leveraging the device can contact Partnerships@Moen.com.
- Results from the 2020 LexisNexis Study can be found here.
- Based on average American annual water leaks of 10,000 gallons.
- Insurance Information Institute (III).
- Non-Weather Water Claims.
- Environmental Protection Agency.
