Frozen Pipe Losses Up in 2018
Extreme cold temperatures can create costly problems for property owners. State Farm claims data shows that losses related to frozen pipes in 2018 totaled more than $270 million, an increase of more than $162 million from 2017. If the outside temperature drops below 20 degrees Fahrenheit, water pipes in homes with insufficient insulation may freeze and break. Click on the numbers in the interactive image below for simple maintenance tips to help prevent property damage.
Top five states for frozen pipe water loss claims:
- New York
In the News:
- WGLT (Bloomington, IL): How To Avoid Frozen Pipes When Temperatures Plunge (01/29/19)
The mission of State Farm is to help people manage the risks of everyday life, recover from the unexpected, and realize their dreams. State Farm and its affiliates are the largest providers of auto and home insurance in the United States. Its 19,200 agents and 59,000 employees serve approximately 84 million policies and accounts – over 81 million auto, fire, life, health and commercial policies and over 2 million bank and investment planning services accounts. Commercial auto insurance, along with coverage for renters, business owners, boats and motorcycles, is available. State Farm Mutual Automobile Insurance Company is the parent of the State Farm family of companies. State Farm is ranked No. 36 on the 2019 Fortune 500 list of largest companies. For more information, please visit http://www.statefarm.com.