A solution designed for homeowners’ associations and property managers, in compliance with the new insurance requirements for condominiums.
Water damage remains the most common and costly type of loss in condominium buildings. Condominium associations need to manage their contingency funds and insurance policies more closely. This is where an automatic water detection and shut-off system becomes a concrete solution for limiting claims and stabilizing premiums.
Centralize monitoring of your building, quickly detect water leaks, and automate valve shut-off to reduce the risk of water damage and make managers’ jobs easier.
SensorSensor
SensorSensor
Valve and actuator
Controller
Lora Gateway
Fire detectorFire detectorFire detectorFire detectorFire detectorFire detector
Carbon Monoxide Detector
Air SensorAir SensorAir Sensor
A water leak started in a tenth-floor condo while the owners were away for more than eight hours. The water spread to the floors below and caused damage valued at several hundred thousand dollars. A water leak prevention system would have avoided all of it. The moisture left behind by this kind of loss can also lead to mold and health problems, and if nothing is done quickly, water damage can even reach the building’s structure
Insurance companies are increasingly reluctant to cover condominium buildings. Frequent claims, aging buildings and plumbing, and a lack of regular maintenance are among the main reasons. As a result, premiums rise, deductibles climb, and some insurers refuse to cover the building at all.
This situation forces many co-owners and condo association (HOA) managers to look for a new insurer, a search that keeps getting harder.
The AkiSens water leak detection and prevention system is flexible enough to fit any situation and any budget. It can be installed in individual condo units as well as in the building’s common areas, giving your condominium complete protection against condo water damage.
Several insurers offer discounts to buildings equipped with a leak detection and automatic shut-off system approved by La PrevCan. Each unit also receives a certificate of compliance, so owners or tenants can get a discount from their own insurer too.
It depends on your declaration of co-ownership and on the insurance policies of the association and the owners involved. What doesn’t change: the sooner the water is stopped, the fewer units are affected. With AkiSens, the valve closes as soon as a leak is detected, so a leak in one unit stays a problem in one unit.
The price depends on the number of units and the building’s layout. An AkiSens advisor can prepare a quote after a short free consultation.
Installation is done by a certified AkiPro partner, trained by AkiSens.
AkiSens notifies the occupant and the property manager, first by email, then by phone. If the problem persists, a certificate of non-compliance is sent to the occupant and to the manager named in your initial settings.
With AkiSens, you don’t have to handle it. When someone moves, send the details to our customer service team and we take care of the rest. A tenant already in place just needs to give us a call, without going through management.
On top of controlling the whole water and detection system, the property manager can add building-specific tasks to the maintenance log, with reminders: fire inspection dates, smoke detector battery replacement, water heater replacement dates, or any other building upkeep task.
Smart Leak Detection Solutions for Buildings, Residential Properties, and Condominiums
Detect leaks, flooding, water consumption, temperature, and humidity with our advanced condo water risk management solutions.
With AkiSens, you give your building protection that is reliable, simple, and complete, while reducing the risk of claims and making day-to-day management easier.
Fill out the form below and get a quick response from our specialists. Protect your assets now with our innovative technologies.
Upon submission of your request, a member of the AkiSens team may contact you to better understand your needs and assist you in evaluating your project.
