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Personal Lines :: What's NewFrom American International Group, Inc. … Prevent Frozen Pipes: Tips from the AIG Department of Loss PreventionEach winter, millions of homes suffer costly water damage due to frozen pipes. Many assume these occurrences are confined to secondary properties, but our experience suggests that primary residences are more likely to be affected. Make your clients aware of the catastrophic damages that can result from frozen pipes—and, more importantly, advise them on ways to safeguard their properties. As part of our ongoing commitment to loss prevention, AIG Private Client Group has created Tips for Preventing Frozen Pipes, a set of guidelines for high net worth homeowners. Further Reduce the Likelihood of Water DamageAIG Private Client Group policyholders can take advantage of exclusive discounts on automatic water shut-off systems, which are designed to stop the spread of leaking water before it causes catastrophic damage to a home. Should your clients experience water damage in their homes, advise them immediately of steps they can take to mitigate loss and:
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