Water damage. It is an issue for many homeowners, who may struggle with the rising costs of flooding, excessive rain damage, and other issues. Water damage can affect any home, unless that home is in a dry desert with no chance of rainfall. There are significant issues with water damage. It can cost a homeowner thousands of dollars.
There are some statistics worth noting about water damage in this article. They are:
- According to industry estimates, 14,000 people in the US experience a water damage emergency at home or work each day.
- 98% of basements in the US will suffer from some type of water damage during their lifetime.
- Water damage and mold cost the insurance industry $2.5 billion dollars per year.
- The average cost of a home water damage insurance claim is $6,9
