Whether it’s caused by flammable materials, arson or mother nature, fire can pose a devastating threat to your commercial property. Indeed, according to the National Fire Protection Association (NFPA) there were 481,500 structure fires in the United States in 2019, causing $16.7AUD billion in property damage.1
Knowing the risks and having a fire prevention plan can make the difference between continuing business operations and financial collapse.
Fire threats are omnipresent for business owners, but technology, training, and preparedness can help lessen the loss associated with fires. Consider the following when developing a fire prevention plan:
1 Insurance Information Institute, Facts & Statistics: Fire
2 South Dakota State University. “Large, high-intensity forest fires will increase.” ScienceDaily. ScienceDaily, 10 April 2017.
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