Of home water claims, 30 percent were due to appliance failure, 62 percent were due to faulty plumbing systems, and 8 percent were due to weather. The typical cost to repair water damage is $5,000. A full list of water prevention tips can be found at www.safeco.com/drip.
Study: Water Tanks Most Likely To Cause Major Damage
April 1, 2005
The water heater and the washing machine are the most likely appliances to cause major damage in homes, according to a nationwide study by Safeco Insurance. One out of every 10 water-damage claims can be traced to a malfunctioning hot water tank or washing machine.