Phyn, a provider of intelligent water solutions, has formed a partnership with Nationwide, a leader in insurance and financial services, to offer leak detection solutions for new policyholders with high-value homes.
As part of the new program, Nationwide customers can receive a 15% discount on Phyn’s product suite to enhance their home protection plans and safeguard against water-related loss.
With increasing water rates, climate-related challenges, and aging infrastructure, homeowners face growing risks of costly water damage and the need for proactive home maintenance and conservation efforts. By providing whole-home monitoring, early detection, real-time notifications, and automatic water shutoff functions, Phyn helps protect homes from the costly consequences of water leaks, promotes water conservation and offers homeowners peace of mind.
Phyn-protected homes are 99% less likely to experience a non-weather water leak claim, according to an internal Phyn study across 13,500 homes over a three-year period.
“Water damage is one of the most common and costly issues homeowners face,” said Mark Teets, Nationwide’s associate VP of personal lines underwriting strategy. “With Phyn, we’re providing our customers with access to cutting-edge technology to help detect and prevent leaks, reinforcing our commitment to innovative solutions that safeguard their homes and properties.”
“Phyn’s leak detection solutions offer homeowners 24/7 protection and critical insights into their plumbing system,” said Ryan Kim, CEO of Phyn. “Undetected leaks can lead to health risks, home displacement, financial losses, and damage to irreplaceable personal belongings. Our partnership with Nationwide empowers policyholders with the tools to proactively manage these risks, helping them avoid costly water damage and make smarter decisions about their water use.”
Phyn’s AI-powered leak detection technology monitors and analyzes tiny fluctuations in water pressure—240 times per second—to identify and categorize every water fixture in a home. This insight into the plumbing system allows Phyn to alert homeowners immediately when a leak is detected, helping prevent expensive water damage. Whether it’s a small drip or a major pipe burst, Phyn provides round-the-clock monitoring and equips homeowners with the tools to keep their homes secure from water-related issues.
Eligible policyholders can now save 15% on Phyn’s portfolio of smart water solutions. From the professionally installed Phyn Plus, equipped with a built-in shutoff valve, to the more consumer-friendly DIY Smart Water Assistant and compact Smart Water Sensor, Phyn’s suite of products provide powerful leak detection and cost savings.
For more information about Phyn’s smart water solutions available to Nationwide policyholders, click here. And explore how Phyn is reducing losses and improving homeowner protection at www.phyn.com.
