Mitigate Risk of Self-Insurance with Smart Leak and Flood Solutions
By George Tsintzouras, CEO & Co-Founder, Alert Labs —
Recent physical distancing measures have made it harder for maintenance teams at multi-family properties to carry out routine walk-throughs and inspections. Smart leak and flood solutions that allow teams to monitor remotely help keep tenants and staff safe and buildings damage-free.
Water leak detectors that send alerts, and even make phone calls, whenever a water damage event occurs ensure that your team can intervene early – potentially avoiding the need to file an insurance claim and absorb the cost of repairs. In short, smart leak and flood solutions can help lower the risk of self-insurance.
A garden-style apartment, high-rise residential building or
any multi-family property can be monitored for leaks and
floods with smart sensors
24/7 leak and flood monitoring
Even before current distancing measures, walking the building can still miss the most costly sources of water damage such as pinhole leaks behind drywall. Without smart building sensors that monitor 24/7 for leaks and floods, assets remain exposed to catastrophic losses.
Real preventative maintenance is possible with IoT (Internet of things) smart building sensors and software (e.g. water flow sensors to detect leaks). The risk of damage and losses can be minimized with instant text and email alerts for:
- Abnormal water usage
- Leaks
- Floods
- Temperature
- Humidity
- Power outages
Early detection of leaks and floods can help prevent major water damage
Shut off water from your phone
Automatic water shut-off isn’t new. But the latest innovations in smart building tech have greatly improved it. You can use water usage data to decide when to remotely shut off water by tapping a button on your smartphone or computer.
The most reliable smart building sensors are like your cell phone. They don’t need WiFi or a local internet connection and they’re always on. Monitoring continues even during power outages or WiFi interruptions.
Mitigating the risk of self-insurance with early detection of water damage events is one of the many advantages of using smart leak and flood solutions for MDUs (Multi-Dwelling Units). Better visibility into water usage gives operations teams more control over water costs and can help boost NOI (Net Operating Income).
Have a look at some of the cost-saving smart building solutions that Alert Labs has to offer.
About the Author
George Tsintzouras is CEO and co-founder of Alert Labs, a Kitchener, Ontario-based company that produces cellular-based, smart sensors for residential and commercial buildings. He is passionate about technology, business, and designing cool, useful, and innovative products that everyone can use. George graduated from the University of Waterloo with his Bachelor of Physics and entered the field of optics. He earned his Master of Business Administration (MBA) degree from Wilfrid Laurier University, with a specialization in marketing strategy.
About Alert Labs
Alert Labs Inc. is a software, hardware, and IoT technology firm in Kitchener, Ontario, Canada. The experienced team designs and manufactures a suite of smart sensors that are on the cutting edge of property protection. These easy-to-use sensors use a cellular connection to provide real-time monitoring and 24/7 alerts with powerful analytics to reduce utility bills, property damage and repair costs for residential and commercial properties. The company partners with property managers, insurance companies, municipalities, schools and other organizations throughout North America. For more information, please visit alertlabs.com.
Source: Alert Labs