Freezing weather and burst pipe claims

Escape of water claims are a major source of loss to the insurance industry. During the colder winter months, insurers are likely to get nervous that freezing spells will bring an increased risk of burst pipes and water leaks.

Understanding how exposed the properties across your book of business are to escape of water claims can help improve risk selection, allowing you to determine a more appropriate amount of premium to offer to insurance applicants.

Download this white paper to learn more.