This is reflected in statistics produced by insurers and associated organisations; in 2019 the Association of British Insurers (ABI) put the value of domestic and commercial water damage claims paid at £981 million, with the average cost of a water damage claim also known to have increased significantly in recent years.
The construction sector has not been immune from the escalating number and costs of escape of water incidents, with these often having a significant impact in terms of project disruption, delays and additional costs. Incidents near completion and fit-out have also been known to adversely affect sales on speculative developments, for example, with the public relations consequences of a water damage incident linked to an issue with fit-out quality not to be overlooked. While EoW incidents are often primarily associated with residential property and property developments, they can occur in all building types and sectors, with industrial, commercial, leisure, hospitality, retail, warehousing / logistics, healthcare and education sector developments amongst those adversely affected by significant incidents in recent times.
Whilst bad winters and colder weather conditions may cause peaks, escape of water incidents can, and do occur all year round.