Ten Facts About Commercial Water Damage

4/25/2022 (Permalink)

We are available 24/7 for all your commercial water damage needs. Let us help make it "Like it never even happened."

1. A water leak will create over 3,000 gallons per year at the rate of one drop per second.
2. In 2019, the average cost of loss for commercial water damage was $89,000.
3. A toilet leak can produce an average of 3 to 5 gallons of water per minute.
4. More than half of all commercial insurance claims list water damage as the cause of loss.
5. About 75% of the money paid out by insurance companies is for water damage claims.
6. Water damage costs on average 3 times more than a non-water damage-related claim.  
7. The main cause of water loss in commercial properties is toilets.
8. There is an average of 300 leaks that lead to water damage a day in US commercial buildings.
9. Insurance companies sometimes offer a discount to policyholders for installing a water leak detection system.
10. Water leaks create over $10,000,000,000 of damage annually.

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