Consumer -appetite to promote the growth of the leak detector in connection with house insurance policies

Water -unc andciators are well established in households all over the world and are increasingly an important part of the risk of risk of house insurance. The data of the Globaldata survey show that US consumers in all household income bands can recognize a value in them and many try to install one within two years. These can be positive messages for house insurers who can use leak recognition devices to reduce the risk profile of customers and to offer more preventive guidelines that should help improve customer satisfaction and loyalty.

The Globaldata 2024 Emerging Trends Insurance Consumer survey showed that 22.1% of global consumers have a water leak detection device in their household, while another 21.2% are planning to install one within two years. If you examine the leading house market in more detail, the US culverts have a slightly higher penetration rate than the global average, with 26.4% of the US consumers plan a water leak detection device and another 22.3%, to install one within two years. This indicates that they are already quite well established, but have a considerable growth potential in the next few years.

Do you have one of these intelligent devices: water leak detection devices? The USA according to household income, 2025

The US market also shows that wealthier households probably already have a licking tector. Around 30% of all respondents in households who earn more than 100,000 US dollars already have one compared to around 25% for those in lower wage clips. However, the proportion of consumers who want to receive one in household income bands in the next two years is highest in the lower income class of $ 20,000 to $ 34,999. This indicates that they become more mainstream products, and consumers recognize that they can help to reduce and prevent the costs of water damage and to limit the repair costs. This can help that due to water damage and a lower severity of claims, fewer claims can lead to them (since damage is discovered earlier). The Globaldata survey also showed that 60.8% of US consumers would be willing to share the data from a leak detector with insurers for a personalized product. While there will always be some consumers who do not feel comfortable, this shows a large part who wants to involve more with their insurers and use technology to reduce the likelihood of claims.

Overall, water -clever detectors are devices that can benefit both customers and insurers by avoiding significant damage, costs, repairs and inconvenience later. While the data from Globaldata show that it is already quite well established both worldwide and in the USA, the market is expected to find a strong introduction in the near future, with a significant part of consumers who intend to get one for their household.