Incredible Water Damage Numbers | SERVPRO® of New Center/Highland Park
An epic struggle is going on in your home! Like a titanic clash between Pipe-Man (that’s a thing, right?) and Water-Person (we don’t really know superheroes), there’s an intense force being kept at bay everyday inside your walls and pipes.
All through your home, there are appliances, pipes and hoses, which not only carry water to and from sources and faucets, but keep it from spilling and surging through your walls and floors. One little puncture or rust job is all it takes to allow a massive leak, which is why it’s imperative that you keep your system well-equipped and maintained—so that the good guys holding that water in its rightful place can win and keep your property dry.
Let’s look at the tale of the tape.
24. That’s the percentage of all U.S. home insurance claims related to damage caused by water—a full quarter of all home claims. That’s the equivalent of one of every 50 homeowner in the entire country dealing with a claimable incident every single year.
48. The first 48 hours after a water incident are crucial for the prevention of mold, because it starts growing that quickly. The longer moisture stays, the more quickly it grows—and you won’t even be able to see it at first.
98. Not gonna lie, this one’s a little depressing. Out of 100 basements, this is how many will flood or become damaged by water at some point. If your home has a basement, this is the single most likely cause of damage for you by a long shot.
10,234. Put a dollar sign in front of it and you’ve got the average cost of a water damage claim. Considering an 1/8” crack in a single pipe can release 250 gallons of water a day, it’s not hard to see how repair costs can rise quickly.
14,000. This is the number of home water incidents that will occur today in the United States. An average of every six seconds, or 10 times a minute, someone is calling their insurance company about water damage.
13,000,000,000. That’s 13 billion, with a “b,” and that’s how many dollars are spent on water damage repairs each year across the U.S.
These numbers add up to big problems for homeowners all over, and no one’s home is totally immune. But attention to maintenance and any potential sources of leakage can increase your chances of coming away from the battle against water damage with a win.
If water damage catches you off-guard and leaves you all wet, you’ve got help on your side. Contact SERVPRO to see how we can quickly and fully restore water damage to your home or business.