Moen and Stand Insurance Launch Program to Help Homeowners Cut Water Damage Risk and Insurance Costs
Moen, a subsidiary of Fortune Brands Innovations (FBIN), announced a partnership with Stand Insurance to link smart water leak detection devices to insurance premium discounts. The program allows homeowners to use the Moen Flo Shutoff device to qualify for direct premium reductions or waivers of limited water endorsement requirements.
Key figures
- Florida credit
- $49
- Avg household loss
- $15,000
- Monthly subscription cost
- $25
- Florida eligible policyholders
- 500
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