Are you the proud owner of a multi-family apartment building? If so, you might always be looking for ways to improve the property. One improvement that you might not have thought about or been particularly excited about is installing fire sprinklers throughout the building, but doing so can be very smart. These are a few reasons why you may want to contact a fire sprinkler installation company to find out more.
1. You May Be Required To
First of all, even if you don't realize it, there is a good chance that you are actually required to have fire sprinklers in your apartment building anyway. Obviously, different states do have different laws in regards to this, but it is worth looking into if you want to avoid being fined -- or worse -- for not being in compliance with local regulations.
2. You May Be Able to Save on Your Insurance
You probably rely on insurance to cover your apartment building. After all, if there is a fire, flood or other disaster that causes serious damage to your apartment building, you probably do not want to be on the hook for the damage. However, even though you might rely on and appreciate your insurance coverage, you might also be concerned about the cost of your premiums. Insuring even a small single-family dwelling can be costly enough, and it can be even more expensive to insure a multi-family apartment building in which tenants live. By taking certain steps to help prevent anything from happening to the building, however, you might qualify for a discount and not even realize it. This does vary between different insurance companies, so if you are curious as to whether this will make a difference -- or if you'd like to know how much you can save on your premiums -- you may want to contact your insurance agent.
3. It Could Prevent a Fire From Spreading
Another thing that you have to be concerned about is a fire spreading from one unit to another. A small fire in one apartment unit can be devastating, but if that fire spreads to multiple units, the devastation can be that much worse. Having sprinklers in place can help limit the devastation in the apartment building, which can save property damage and even lives.
As you can see, if you have not yet installed fire sprinklers in your apartment building, it's smart to consider doing so. Consider contacting a fire sprinkler installation company to find out more.