The Risk of Water
Water claims account for 71% of all real estate claims by dollar value, accounting for billions in damage every year in Canada.
Every building is currently protected from fire and theft, with the biggest and most frequent liability left unprotected.
Water is everyone inside a building – in units, in the risers delivering water all over the building, in pressure reducing valves and boiler rooms, as well as in common areas. A single leak can result in devastating effects for residents, including the destruction of property and possible displacement during repairs. Even a simple water leak can result in the elevator being shut down for days.
The best way to protect your home against water damage is to control the risk. Eddy’s technology provides a complete building solution with sensors and shutoffs so that leaks are mitigated immediately before they cause mayhem.