Damage from water leaks cost insurance companies and homeowners billions of dollars every year. In the United States, around 23% of homeowners’ insurance claims are related to water damage. Water damage is so prevalent that a homeowner is 7 times more likely to experience water damage than burglary, and 6 times more likely to experience it than fire damage.
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WHAT ARE THE CAUSES?
Leaks in or around your washing machine can occur for a variety of reasons. Old or faulty hardware is likely to blame for these types of leaks. With washing machines, certain leaks can depend on whether you have a top load or front load washer.