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Tech-Enabled Water Damage Buydowns

Powered by Deductible Assurance

Why Water Damage Deductibles Are High

Obtaining top-quality coverage with competitive pricing is easier in today’s softening market, but water damage deductibles required by policies are still stubbornly high.

Water damage is the leading cause of loss on construction projects, and insurers have responded by increasing water damage deductibles to multiples of the AOP deductible—often to $250K–$1M+ or more per occurrence.

For contractors, owners, and developers, that means even a relatively small incident can create a significant out-of-pocket cost. It’s time to find a better way to protect against major insurance claims while keeping project financials secure.

Lower Your Water Damage Deductible

Now you can lower your water deductible AND reduce the risk of having to use it with Insight Risk's Deductible Assurance: the only water damage deductible buydown designed to help prevent loss in the first place.

Each buydown is powered by proven IoT water damage prevention technology that identifies leaks and abnormal water flow in real time, sending instantaneous alerts so the site team can respond before a potential water event causes costly claims. Insight Risk handles every aspect of the technology solution, from design, deployment, and overall management, allowing the site team to stay focused on the job.

Who Uses Deductible Assurance

How It Works

Submit your Builder's Risk quote information to get your Deductible Assurance buydown pricing in four simple steps!

Choose from 3 different technology solutions.

1

Choose your new water damage deductible and limits.

2

Insight Risk designs, deploys and oversees the IoT technology.

3

The buydown works alongside your regular insurance carrier.

4


*Pricing is contingent upon taking the technology; buydowns are not available without deploying one of the offered IoT solutions.

Why Deductible Assurance Is Different

Traditional deductible buy-downs only transfer financial risk.

Insight Risk’s Deductible Assurance combines financial protection with active loss prevention technology designed to detect and stop incidents before they escalate.

Environmental sensors, water monitoring systems, and automated alerts required as part of the buydown conditions help project teams respond quickly, reducing the likelihood and severity of claims. This alignment between insurance and technology creates a stronger risk profile for both clients and carriers.

Compatible with most U.S. Builder’s Risk policies, Deductible Assurance can be a valuable addition to MBR or project-specific program and insurance strategy.

Technology Solution Packages

In addition to state-of-the-art hardware and software, each solution includes a custom-designed prevention and response plan, 24/7 monitoring with instantaneous notification of potential loss events via text message, email, and in-app alerts, and periodic status reports including alert details, estimates of averted losses, and other risk control insights that help our clients learn how to manage water damage risks more effectively.

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Environmental Sensors

Detect temperature changes, humidity, and the presence of water 24/7. With frozen pipes being a leading cause of water damage, this option is the central component of all technology solutions.

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Environmental Sensors and Flow Monitoring

Environmental sensors plus non-invasive inline water flow monitoring in real time. Detect leaks and open faucets that would otherwise go unnoticed for hours or days.

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Environmental Sensors, Flow Monitoring, and Shut-off Valves

Environmental sensors and flow monitoring plus remote operated water shutoff capability to detect and stop water within minutes. This option also offers permanent benefits for owners when the building converts to operational status.

Water Damage Deductible Buydown Examples

Insight Risk’s Deductible Assurance is the only water damage deductible buydown designed to prevent losses, not just fund them. Here’s what actual Deductible Assurance customers have achieved:

  • Project: $172m Ground-up 8-story Wood Frame Apartment Complex in Orange County, CA

  • Term: 28 months

  • Price Breakdown: $45k Buydown with $35k IoT Solution

  • Saved $150k on Water Damage Deductible by spending

Project Fits For Deductible Assurance

  • Occupancies: Condo Conversions, Data Centers, Educational - Higher Ed and K-12, Healthcare, Hospitality, Multi-Family, Office Conversions, Office Buildings, and Sports Arenas with Sensitive.  Interior fitouts are also available. Contact Insight Risk for other occupancies.

  • Construction Type: Wood Frame, Joisted Masonry, and Non-Combustible.

  • Ground-up or renovation work.

  • Water damage.

  • 50 states of United States.

  • $500k per occurrence / $1.5m aggregate.
  • Higher limits available for special consideration.

  • $10,000 for single aggregate.
  • $20,000 for 300% aggregate.

  • The greater of AOP or $25,000.

  • 36 month term.
  • Longer terms on special consideration.

  • Builder’s Risk submission for initial quote.
  • Plumbing drawings and Insight Risk buydown application for binding.

Let's Talk

Whether you’re a contractor, developer, risk manager, broker, or carrier, reach out to discuss how we can work together to reduce losses and keep job sites moving.

Get in Touch
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