WARREN, N.J., June 23, 2016 /PRNewswire/ — Chubb is expanding its water damage defense services that helps its homeowners insurance customers protect their property against water leaks.
All Chubb homeowners customers in the United States can now receive up to 35% off the manufacturer’s suggested retail price for Sentinel Hydrosolutions’ Leak Defense System®. The state-of-the-art leak defense system, which contains a water flow sensor and shut-off valve, can be installed on a home’s main water supply to stop the flow of water once a leak is detected. Customers who purchase the system may also be eligible to receive an estimated 5% to 7% premium discount on their annual homeowners insurance policy.
“Homeowners often don’t realize the extent of damage that can stem from a relatively minor leak. A plumbing issue, like a washing machine hose bursting, can flood a home, and if unchecked, cause floors to buckle, furniture veneers and wallpaper to peel, and sheetrock and upholstered furniture to be destroyed. If not cleaned up quickly and correctly, this may even result in a serious mold outbreak,” said Maria Cordeiro, Assistant Vice President, Client Services Manager, Chubb Personal Risk Services.
“Installing a leak defense system is among the best risk mitigation measures a homeowner can take to prevent property damage and out-of-pocket costs.”
Chubb is the world’s largest publicly traded property and casualty insurance company. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London and other locations, and employs approximately 31,000 people worldwide. Additional information can be found at: new.chubb.com.