Leader in design, manufacturing, installation and inspection of fire protection systems
You are from the manufacturing, institutional or commercial sector:
- Your creditors require that insurance protect your organization’s assets;
- Fire protection insurance premiums are important budgetary items;
- You cannot risk production downtimes, which could cause loss of clients.
Your insurance premiums may be reduced by 30 to 50% if a building is sprinkled adequately, especially when fire hazards are high.
The whole building must be sprinkled, not only one section, to maximize premium reductions according to the code NFPA 13 (NFPA 13, article 4.1).
Example of North American insurance premium reductions
These are at your insurance provider’s discretion. Ask them for more information.
|Insurable Value||Savings on a yearly insurance premium at $0.50/$100 rate of evaluation||A $250,000 automatic sprinkler system|
|$ 10,000,000||Saved annual premium = $50,000||