Lower insurance costs
Turn water loss data into lower insurance costs.
Insurers reward properties with active detection, automatic shutoff and monitored response. Eddy delivers all three criteria plus the structured documentation that drives premium savings of up to 20%, with deductible reductions of up to 80% documented at individual properties.
Three insurance levers, one platform
Active detection at the source
Point-of-leak sensors, smart meters and inline flow detection cover every fixture, riser and main.
Automatic monitored shutoff
Eddy Valve closes automatically or on operator command. The carrier counts that as mitigation.
Supported response, 24/7
Monitoring center operators support response after your team is paged. Documentation closes the event.
Carrier-ready reporting
Leak Incident Reports formatted for property and builder’s risk reviews. Mitigation evidence at every renewal cycle.
The carrier rewards documented mitigation.
Across operator portfolios, Eddy has driven premium savings of up to 20%, with deductible reductions of up to 80% documented at individual properties. The Aon whitepaper documents that across commercial real estate, properties with active leak detection, automatic shutoff and monitored response qualify for premium reductions and lower deductibles.
The number that matters at renewal is not unit price. It is total cost of risk. A single prevented loss in a multifamily or commercial building offsets the lifetime cost of the system.
Aon-documented effectiveness in commercial real estate operations
Premium savings of up to 20%, with deductible reductions of up to 80% documented at individual properties
Leak Incident Reports timestamped, located and logged
Major-insurer relationships across construction and operations
Eddy's system would have positively affected, to some notable extent, 58% of the total water loss claims incurred.
What the renewal conversation looks like with Eddy
Brokers know what to ask for at renewal: structured uptime, incident logs, response-time data and outcome summaries. Eddy delivers them in formats carriers actually consume, not raw data exports. The risk manager arrives with documented mitigation, not a story.
The same chain supports builder's risk during construction and property carriers during operations. One evidence trail spans both insurance products without re-engineering.
Bring documented mitigation to the next renewal.
Map your portfolio with the Eddy team and get an asset-level recommendation tailored to your insurance profile and capital plan.
- Premium and deductible outcomes
- Carrier-formatted Leak Incident Reports
- Aon whitepaper and major-insurer relationships
What insurers say
Aon found Eddy would have positively affected 58% of water-loss claims in commercial real estate.
Premium and deductible reductions in writing.
Insurance partners cite Eddy in renewal conversations. Deductible reductions up to 80% and premium reductions up to 25% are documented at individual properties.
InstitutionalThree campuses · construction through operationsUCLAFrom construction phase into permanent operations.
0Major incidents across deploymentEddy deployed during construction at Luskin Conference Center, Weyburn Housing and the CHS Medical Facility, then continued through operations. Roof-drain monitoring at CHS helped UCLA defer a major roof replacement until funding was available.
Multi-familyVancouver · 11 storeys, 119 unitsMulti-family condominiumDeductible cut from $250K to $50K in under one year.
−80%Insurance deductible reductionFirstService Residential retrofitted Eddy across HVAC, risers, fixtures and common areas. Four leak events mitigated annually with $11K in estimated annual savings.
Multi-familyVancouver · 4 buildings, 121 unitsMulti-family condominium community25% premium reduction with no change to deductible.
−25%Insurance premium reductionComprehensive retrofit across HVAC, risers, sinks, toilets and common areas. Fourteen events mitigated annually with $41K in estimated operational savings.
HospitalityTwo residential towersFour Seasons ResidencesFifteen leaks resolved with zero suite displacements.
$450K+Estimated water damage preventedBoth Four Seasons Residences towers ran fifteen confirmed leak incidents through the Eddy monitoring program with two-to-seven minute response times. Zero major incidents, zero suite displacements.
Insurance questions owners actually ask
Do water leak detection systems lower insurance premiums?
They can. Monitored buildings have documented premium savings of up to 20%, with deductible reductions of up to 80% documented at individual properties. Aon's independent 2023 whitepaper found the Eddy system would have positively affected 58% of the commercial water-loss claims it studied, and even counting only the leaks that became claims, would have reduced total water damage losses by 23%.
What carriers reward is the documented record: verified events, timestamped response and a Leak Incident Report your broker can take into renewal.
Is water damage covered by commercial property insurance?
Sudden and accidental water damage generally is, subject to deductibles and exclusions. Gradual seepage, deferred maintenance and long-running concealed leaks generally are not, which is exactly the category continuous monitoring converts into caught-early events.
The documentation matters as much as the coverage: a detection timestamp, response log and outcome record make the claim conversation short.
Does condo insurance cover water leaks?
Two policies share the risk: the corporation's policy covers the building and common elements, the owner's unit policy covers contents, improvements and often the corporation's deductible when it is charged back. Water deductibles have risen sharply, so boards increasingly carry the incentive to prevent the event rather than absorb the deductible.
What helps a water damage insurance claim go smoothly?
A documented incident chain. When the file shows when the event started, when it was detected, when the water was shut off and what the outcome was, the questions that follow get short answers. Eddy produces that record automatically for every event.
Does builder's risk insurance cover water damage during construction?
Usually yes for sudden events, with exclusions and sublimits that vary by program. Construction-phase water risk has its own page, see the builder's risk and water damage guide.