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Will Moen or Flo Technologies cover expenses relating to any water damage?

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This article includes detailed information on the Flo Smart Water Monitor and Shutoff, also known as the Flo by Moen Water Shutoff. 

With the optional FloProtect plan, you can add an additional layer of protection to your Flo device. This protection plan includes a deductible guarantee that will cover up to $5,000 of your home's insurance deductible in the unlikely event that a Flo Smart Water Monitor and Shutoff valve fails to protect your home from catastrophic water damage. Read more about the FloProtect program at moen.com/flo/protect