Is This The Future Of Home Insurance Claims Prevention?

Water damage is one of the greatest threats to households in the US. It has more of an impact than fire and theft combined, and yet the vast majority of homes are not equipped to mitigate or prevent the damages that could occur. In the US alone, homeowners file more than 14,000 water damage claims per day, averaging between $6,000 and $15,000 each and totaling up to $123 million in preventable damages daily across the country. However, that could all be about to change thanks to the Internet of Things (IoT), which has already entered our homes in many exciting ways.