Property damage caused by leaking pipes in Australia totals billions per year. According to the Insurance Information Institute, there is an average claim for water damage insurance of $10,234. This is true for major cities in Australia, such as Sydney, Brisbane, Melbourne etc. There are a variety of causes for water damage, many of which are hard to foresee. Sagging ceilings and damaged insulation might be the result of a broken hot water tank, tiny leak in copper piping, leak in an under-the-counter sink faucet or freeze-up in a pipe.…
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