As a dangerous Arctic Blast threatens more than half of the U.S. this week, one innovative smart home system is looking to reduce this winter's potential havoc.
The leakSMART system, introduced at CES 2015 by Waxman Industries, is a home water protection system that can automatically shut-off a home's water supply when pipes are near freezing levels or when a water leak is detected – in less than five seconds. The homeowner is also immediately notified via their smart device.
According to the Insurance Information Institute, nearly 25% of all homeowners insurance claims are from water damage and freezing, and winter storms are, in fact, the third-largest cause of catastrophic loss in the U.S., behind only hurricanes and tornadoes.
Last year, winter storms caused $1.9 billion in insured loss – up dramatically (more than 400 percent) from 2012, according to Munich Re. This year's winter is predicted to be just as cold and with "copious amounts of snow and rain," according to the 2015 Farmers' Almanac.
With the leakSMART system installed in a home, the worry of frozen pipes — and the thousands of dollars of water damage that follow – will be a thing of the past. The system is installed on a home's main water supply, and when the leakSMART wireless and waterproof sensors are placed throughout the home near everyday appliances and plumbing fixtures, both water leaks and temperature variances are detected and monitored.
Through the leakSMART app, the homeowner can set alerts for various temperature settings and determine the temperature when the water should automatically be turned off in the home. The app also allows the homeowner to remotely manage the home's water shut-off valve. The leakSMART system includes a patented, automatic water shut-off valve, wireless and waterproof leak detection and temperature sensors, a system hub, and app.
The stand-alone leakSMART system can also be integrated with many of today's leading smart home solutions, including Nest Laboratories, SmartThings, iControl, and OpenHome.