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SageWater Insights
November 10, 2019High-Rise Headaches
Leaking pipes can wreak havoc on high-rise communities and the lives of their residents. While a catastrophic flood is a worst-case scenario, water damage, personal property losses, mold and increased insurance premiums are just a few of the unfortunate consequences of leaking pipes.
As our nation’s building infrastructure ages, we are seeing a significant increase in failing piping systems across the country. With an average life-span of 30-50 years for most piping systems, we predict a 40% increase in the number of high-rise properties requiring a full piping system replacement over the next ten years. Further compounding the problem... READ THE FULL ARTICLE
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