Flume's Smart Leak Detection Helps Homeowners Prevent Costly and
Avoidable Flooding
SAN LUIS OBISPO, Calif.,
Aug. 6, 2024 /PRNewswire/ -- Flume, a
pioneer in residential leak detection technology, is excited to
announce a new collaboration with Amica Insurance. By
utilizing an advanced smart leak detection device, homeowners can
significantly mitigate the risk of catastrophic water damage caused
by leaks. The Flume Smart Water Monitor system provides a
proactive, digitally driven approach to leak detection, reducing
water damage claim cost by up to 80%. Increasing the adoption of
this technology can help homeowners avoid the financial burden and
disruption of preventable flooding.
"1.3 million U.S. homeowners experience water damage annually,
leading to substantial financial and emotional stress," said
Eric Adler, CEO of Flume. "To repair
these homes, insurers spend $15B per
year on water damage claims which represents 24% of total homeowner
insurance claims. By promoting the use of smart leak detection,
Flume aims to lower the frequency and severity of these claims.
Additionally, this initiative will contribute to water conservation
efforts in regions facing water scarcity, as leaks waste an
estimated one trillion gallons of water each year."
Flume will collaborate with Amica Insurance to distribute Smart
Water Monitoring devices to policyholders nationwide.
"Flume has been a valued partner of Amica for three years, and
we are thrilled to advance our water loss mitigation efforts
together," said Laurie Tremblay,
Senior Innovation Analyst at Amica. "Water leaks are a leading
cause of preventable insurance claims. With Flume's cutting-edge
technology, we can empower homeowners to gain better insight into
their water usage and proactively prevent water damage."
The Flume Smart Water Monitor continuously tracks the water flow
through a home's pipes, detecting small leaks before they escalate
into major issues. If a problem is detected, the device immediately
alerts homeowners via the Flume Water App. Additionally, users can
monitor their water usage by fixture and set conservation goals
through the app to further support water-saving initiatives.
For more information about the Flume Smart Water Monitor,
visit flumewater.com. Organizations interested in utilizing
this technology can contact Eric
Adler at eric@flumewater.com.
ABOUT FLUME
California's 2015
record-breaking drought inspired the Flume founders to provide
homeowners with control over their water use. By providing
real-time water use information, Flume customers significantly
reduce residential water consumption while also protecting their
homes from devastating water leaks. Since its inception, the Flume
team has expanded their reach via partnerships with the largest
water agencies and insurance companies across the United States. To date, Flume has shipped
over 150,000 sensors nationwide and has been recognized as the
leading supplier of residential water usage and leak data.
Learn more at www.flumewater.com.
ABOUT AMICA INSURANCE
Amica is the longest-standing mutual insurer of automobiles in
the U.S. A direct writer, Amica also offers home, life, marine and
umbrella insurance, as well as annuities.
Founded on the principles of outstanding service, Amica creates
peace of mind and builds enduring relationships with its customers.
That mission is shared and supported by thousands of employees
across the country. For more information, visit Amica.com.
CONTACT:
Sarah Musiker
sarah@flumewater.com
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SOURCE Flume, Inc.