Burst pipe damage caused an average of 52% of the total claims expenditure in residential building insurance in 2015. The forecasts predict further lossy developments. Within the framework of the SCHADENPRÄVENTION.DE initiative, AVW therefore places significant emphasis on the prevention of burst pipe damage. We support parties responsible for insurance at housing companies with this topic and take over the contacting of technical managers, as they are the ones who can take action first.
The factors leading to burst pipes are numerous, and differ individually from case to case: The pipe material used, the building age, the installation technique and much more interact here. On top of this, there are also factors that cannot be influenced at all – such as the water quality of the respective region, which can even change depending on the season.
To avoid burst pipe damage, an asset-based approach is necessary. All of the damage causes need to be analyzed individually. Only a solution specially adapted to the asset at issue can help. AVW supports its clients in the individual analysis and asset-specific consideration of the causes of damage. We analyze the available claims data of our clients, thus allowing us to identify "claim clusters" in the portfolio. Together with our technical partners at the SCHADENPRÄVENTION.DE initiative, the cause of the damage is narrowed down. The drinking water, with its corrosion promoting or inhibiting effect on the existing pipe material, may also be examined. These results help get to the bottom of the causes of damage. Individually tailored measures for damage prevention for the respective asset can then be derived.