leakSMART® Saves Homeowners and Insurers More than $10 Million

(Bedford Heights, Ohio) April 1, 2016 — leakSMART®, the leading smart home leak prevention solution, has already saved homeowners a huge sum of money. Customers have racked up more than $10 million in damages and costs based on insurance claim findings.

Vice President of Marketing and Sales JaNette Barnett explains how crucial leakSMART® is for home protection and security. “In the last twelve months, leakSMART® has already saved homeowners — and home insurers — more than $10 million,” Barnett said. “Preventable water damage is one of the most prevalent causes of home and property damage in the U.S., and the leakSMART® system simply eliminates this cost (and headache) for just a few hundred dollars.”

leakSMART® is a complete home water protection system that completely eliminates the threat of preventable home water damage and provides peace of mind to homeowners by potentially saving them thousands of dollars in restoration costs.

The leakSMART® system immediately shuts off the main water supply as soon as a leak is detected. Wireless and waterproof sensors detect a leak and instantly communicate with the main water valve. Then, the vale automatically shuts off the water supply and the homeowners receive notification via smart device app – all within five seconds.

Consumers can purchase a stand-alone leakSMART® system directly from the manufacturer and Amazon. leakSMART® is also easily integrated into any compatible smart home system, including Wink® from The Home Depot®.

For more information about leakSMART®, visit leaksmart.com.


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About leakSMART®

leakSMART® is a patented leak prevention solution that provides complete home water protection with leak detection and monitoring for everything from burst water supply lines and washing machine leaks to leaks from other everyday appliances and plumbing fixtures throughout the house. leakSMART® then automatically shuts off the main water supply when a leak is detected in the home. The system also immediately alerts the homeowner on a smart device when a water leak occurs — all in less than five seconds. For more information about leakSMART®, visit leaksmart.com.

About Waxman Consumer Products Group, Inc.

leakSMART® is a trademarked solution that has been designed, developed and manufactured by Waxman Consumer Products Group, Inc. (Waxman). Based near Cleveland, Ohio, Waxman has more than 500 employees from around the globe who design, develop and distribute efficient and innovative products for nearly every room in the home. The company specializes in surface protection and floor care, home improvement and hardware, and home organization and storage solutions, among other categories. For more information about Waxman or any of its brands and solutions, visit waxman.com.