In the U.S., water damage is the 2nd most frequently filed insurance claim and has accounted for more than $5 billion of claims each year in recent years. Property damage and monetary loss aside, a water-damaged property could also pose great health risks to its inhabitants, a truly nightmare scenario for homeowners. Thanks to the Instapark IN07A automatic water leakage alarm, a simple, inexpensive yet effective device, you now have a solution to minimize the risk of water damage and avoid its unpleasant aftermath.