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The Effectiveness of Water Leak Detection Devices in Commercial Real Estate Operations

Water damage is one of the insurance industry’s foremost concerns, in recent years becoming the leading cause of insurance claims in terms of frequency and dollar value.

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Water damage is one of the insurance industry’s foremost concerns, in recent years becoming the leading cause of insurance claims in terms of frequency and dollar value. In the commercial real estate industry specifically, water damage claims constitute 47 percent of all insurance claims.