Welcome Wireless Water Leak Detection & Monitoring For HOAs - - PowerPoint PPT Presentation
Welcome Wireless Water Leak Detection & Monitoring For HOAs - - PowerPoint PPT Presentation
Welcome Wireless Water Leak Detection & Monitoring For HOAs The Problem Water damage is the #1 cause of insurance claims Larger than fire and theft combined Total water damage claims in US equal $8-10 billion/yr.
The Problem
- Water damage is the #1 cause
- f insurance claims
▫ Larger than fire and theft combined
- Total water damage claims in
US equal $8-10 billion/yr.
▫ Fireman’s Fund (Allianz) had
- ver $600 million in water
damage claims in 2009 ▫ Mold can add 10x to claim ▫ Leaks happen 24/7
Almost EVERY building has/will have leaks
Insures Say:
- “Water is the Enemy.”
John Ward, Woodruff Sawyer (insurance broker)
- “Water damage is the leading cause of property damages. It is
bigger than fire and theft combined.” Cesar Valencia, Regional VP, Chubb Insurance
- “90% of my clients’ claims are for water damage.”
- “ALL of our high rises have had water damage,”
Don-nae Leyva, Barney & Barney (broker)
- “If clients have multiple water damage claims, they can be dropped
- r go into a high risk pool. Either way, premiums go way up.”
Skip Rawstron, Rawstron Insurance Services (industry consultant)
High Risk Areas for Damage
- Toilets
- Vanity Cabinet Sinks
- Washing Machines
- Hot Water Heater
- Refrigerator water lines
- Dishwashers
- Kitchen sink cabinet
- A/C Condensate pan
- Radiator pan
- Wet bar
- Basement Sump Pump
What should be done?
- Understand where water damages begins
▫ Wear and tear over time ▫ Water pressure issues ▫ User Error
- Identify potential areas of risk in your building
- Regular maintenance and inspection
▫ Inspect all water related appliances for worn or damages hoses at least once a year ▫ Replace any suspect hoses before they become a major issue
- Monitoring of water bills for abnormalities
- Use water detection devices
▫ Water detection is easy to install and cost effective ▫ Automatic shut off valves
Value Proposition
- Early Detection Dramatically Reduces Costs
▫ Direct Loss Due to Flood ▫ Indirect Loss from Occupant Disruption ▫ Long-Term Negative Effects on Asset (Mold etc…) ▫ Possible Credit Discount Toward Insurance Premiums
- Economical Service w/ Strong ROI
▫ Low Initial Setup; Low Monthly Service Fee ▫ Less than 12 Month Payback
- Easy installation
▫ No horizontal wiring ▫ Easy to add on to existing system
- Proven Effective Technology
▫ Preventing Floods Daily for 7 Years with no lost Customers ▫ Over 15,000 Sensor Installed in nearly 200 Buildings
The Solution
Wireless Sensors Installed in the Building in Leak-Prone Areas 1 2
MESSAGE TRANSMITTED TO
TDG CLOUD SERVICE Immediately Alerts Security, Management Via 3
Voice E-Mail
A Water Alarm has been Detected! Location:9th Floor Suite 900 kitchen sink Time:Mar 24 2014 2:17PM
4
Web Portal – Tracking and Reporting
LEAK DETECTED
System Components
- Main System:
▫ Water Sensor ▫ Base Station ▫ Web Management Portal
- Additional Products:
▫ Signal Repeaters (for longer distance) ▫ Shut-off valves ▫ Sensor Extensions – Tape, Leads
The main system consists of Sensors linked to a Base Station connected to the Detection Portal.
How it works…
Wireless Sensors Installed Throughout the Building Wherever a Leak is Likely to Occur Connected 24x7x365 to TDG’s Hosted Monitoring Application Immediately Alerts Security, Management Via Voice, E-Mail, & Text 4 Web-Based Management
- Portal. Always On and
Working 3 2 1
Web Portal
Automatic Water Shut-Off Valve Systems
- Features:
▫ Shut water off from one or many sensors ▫ ½” to 2” diameter ▫ Water Shutoff During Alarm ▫ Manual Open/Close ▫ Auto Cycle ▫ All actions time-recorded at server
12
Success Stories
- The Metropolitan Condominiums
▫ A water heater ruptured in the middle of the
- night. The Detection system woke up the
homeowner who was able to turn the water
- ff immediately. Security simultaneously
responded at the unit front door to assist. No claim was necessary.
- Scripps Health Care Corporate Offices
▫ At 5PM on the 4th of July the Chief Engineer was notified by phone of flood in kitchen and was able to contain the leak from the HVAC
- system. No one would have been in the
building for 2 days.
Royal Towers, San Francisco
- Iconic residential building at
the top of Russian Hill in San Francisco
- Installed TDG system in May
2011
- 30 leaks have been caught in
<3years!
▫ Reducing insurance claims ▫ Reducing maintenance costs (not covered) ▫ Improving building
- perations