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  2. Water damage - Wikipedia

    en.wikipedia.org/wiki/Water_damage

    A tiny, 1/8-inch crack in a pipe can release up to 250 gallons of water a day. [3] According to Claims Magazine in August 2000, broken water pipes ranked second to hurricanes in terms of both the number of homes damaged and the amount of claims (on average $50,000 per insurance claim [citation needed]) costs in the US. [4]

  3. Home insurance - Wikipedia

    en.wikipedia.org/wiki/Home_insurance

    Major factors in price estimation include location, coverage, and the amount of insurance, which is based on the estimated cost to rebuild the home ("replacement cost"). [2] If insufficient coverage is purchased to rebuild the home, the claim's payout may be subject to a co-insurance penalty. In this scenario, the insured will be subject to an ...

  4. Equipment rental - Wikipedia

    en.wikipedia.org/wiki/Equipment_rental

    Equipment rental was first developed in Anglo-Saxon countries. It emerged in the UK after the First World War and has now become a multi-billion euro business providing a wide range of construction and industrial equipment for customers globally.The American Rental Association was founded as early as 1955, [1] and the first waves of consolidation took place in the 1970s in North America ...

  5. Artist claims burst water pipe ruined $25M in paintings - AOL

    www.aol.com/artist-claims-burst-water-pipe...

    A Mexican artist whose Meatpacking District gallery was flooded by a burst water pipe claimed his insurance company is only shelling out a measly $9,000 for paintings worth $25 million, according ...

  6. Pipe bursting - Wikipedia

    en.wikipedia.org/wiki/Pipe_bursting

    Pipe bursting is a trenchless method of replacing buried pipelines (such as sewer, water, or natural gas pipes) without the need for a traditional construction trench. "Launching and receiving pits" replace the trench needed by conventional pipe-laying.

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