Do you know that water leak damage is one of the most common claims of home insurance? The follow up of a claim is even more daunting with increased premiums. The average cost of drying out a property from a water leak can be around $2700 while the cost of drying out property along with the repairing of carpeting and drywall is around $7500. A clean water leak is the easiest to deal with and can cost you around $4 per sq./ft., a greywater leak from a dishwasher or a washing unit can cost around $5 per sq./ft. while black water from a contaminated source may cost you $7 per sq./ft. Shocking, right?
A normal house consists of multiple appliances, fittings and hose connections, a homeowner cannot possibly check on everything, every single day and foresee the damage which might occur the next day. Assume that your dishwasher is broken, you do not sense the depth of the situation, overlook it and leave for your office. In the evening, when you come back from work, you see your carpets immersed in water, your white goods reduced to useless plastic and metal and wallpaper hung in tatters. What would you do? The loss will be immense and leave you in jeopardy. If a water leak damage is not addressed in the initial 24-48 hours, additional serious issues may begin to set in and turn a normal leak into catastrophe damage.
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