Even a minor water leak can create thousands of dollars of damage in a home or business, and according to iPropertyManagement.com, the average home insurance claim for water damage is $11,098, which nationwide translates to roughly $20 billion per year.
Consider that a leaky faucet can waste approximately 3,000 gallons of water, the same amount of water used in 270 loads of laundry, 1200 loads of dishes in a dishwasher or 600 showers.
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