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Smart water leak detection systems are delivering impressive financial returns for buildings, with insurance companies offering up to an 8% discount on homeowner policies for buildings with comprehensive water leak detection systems. (Print: Water Warriors: How Proactive Boards Are Stemming the Tide of Rising Insurance Costs)

Aware Buildings has developed a wireless leak detection system using LoRaWAN technology, which can be installed in co-ops and condos without the need for extensive rewiring, and can help reduce insurance premiums by detecting leaks before they cause damage. (Print: Sneaky Leaks)

Wireless sensors can be used to detect water leaks before damage escalates, but without internet connections in hallways or other building hubs, it can be challenging to deploy them on a building-wide scale. (Print: Missing Link)

Smart sensors and software detect water leaks in New York co-ops and condos. Cost for a typical deployment is around $10,000-$12,000 plus a $2/month per sensor monitoring fee. Potentially helps with insurance concerns.

After a significant water leak incident in a small Upper East Side co-op, the board implemented measures including regular apartment inspections, double-checking renovations, and installing water sensors in each apartment to prevent future damage, with the installation process being quick and cost-effective.

Color-coded infrared images can reveal harmful moisture in your walls.

If that nasty “drip-drip” is bothering you, here’s something that may help.

Stopping the drip, drip, drip.