Investing in professional fire protection can feel like a big expense, however, using the proper fire prevention services for your business, can not only protect property and lives, but it can also save you thousands of dollars each year, making it a smart investment that give you peace of mind. Let’s explore how.
Reduce your insurance premiums
Effective fire safety measures can save you money on insurance premiums. Insurance companies consider your level of fire risk when determining your premium rates. Properties equipped with adequate fire safety measures are perceived as lower risks, leading to more affordable insurance options, leaving you with more money in your hip- pocket.
Prevent false fire alarms
Every year Fire and Rescue NSW respond to over 40,000 false fire alarms. Almost 40% of these are triggered by Automatic Fire Alarm (AFA) Systems.
While AFA systems are an essential part of a building’s fire safety, and are legally required under building legislation, false alarms could end up costing you thousands of dollars. In fact, Fire and Rescue NSW can charge you $1,600 for repeat false alarm callouts if they were a result of poorly maintained systems.
There are many reasons why a false fire alarm might be triggered, this includes poor ventilation, poor building maintenance, fumes, and system malfunction, just to name a few. It is important to engage an experienced fire prevention provider that will test and inspect your AFA system on time, leaving you less vulnerable to false fire alarms.
Regular inspections will save you money
A reliable fire safety provider will regularly monitor and maintain your fire system and will identify issues before they escalate into costly problems. This includes timely inspection of fire alarms, fire extinguishers, and sprinklers. However, regular maintenance should also include, evaluating your fire safety protocols, and procedures such as evacuation plans, blocked exits, and access to fire equipment, this ensures that you have all your bases covered.
Avoid penalties for non-compliance
Fire safety regulations are crucial for keeping people safe in buildings and preventing fire incidents. However, there are serious consequences where these regulations aren’t followed, such as hefty fines and penalties reaching thousands of dollars.
Furthermore, in the event of a fire, if a building owner is found non-compliant with fire safety legislation, they could be financially liable for lost time, lost product, damages, lost wages, injuries, or worse.
Working with a reliable fire safety company who is up-to-date with the latest legislation will ensure you comply with fire safety laws, helping you avoid any costly fines or lawsuits.
Work with professionals – it’s the smart choice
While the number one reason for fire safety is to protect lives, it’s also a financially wise decision. Although there are initial costs associated with implementing professional fire safety measures, the long-term savings far outweigh them, making it a smart investment.
Choosing to rely on professionals for your fire safety needs is an investment in the security, compliance, and resilience of your property. At Global Fire, our extensive knowledge, and experience will help you establish a solid fire safety framework that protects both lives and assets and gives you long term peace of mind that is priceless.
To find out more about how Global Fire can help you please contact our friendly team on 1300 88 70 18 or email [email protected]