Of all the disasters that can strike a commercial property, a fire is one of the costliest but also most preventable. They can be small fires that cause minor damage to equipment and furnishings, or they can be large fires that engulf the property and lead to substantial repair costs. In either case, companies can take proactive steps to reduce their exposure to fire damages and protect the future of their company.
Smoke Detector and Sprinkler Maintenance
One of the biggest ways to help reduce fire risks on a commercial property is to have working smoke detectors and sprinkler systems, if available. Often, they are installed on commercial properties but are not always tested or inspected on a regular basis. It is important to ensure that all fire detection and fire suppression systems are in good working order, especially if your business is one with a higher fire risk, such as restaurants and bakeries.
Improved Storage and Disposal of Flammable Materials
Additionally, fire risks can be significantly reduced by using safer methods for storage and disposal of flammable materials. For example, restaurants should be safely handling and disposing of used cooking oil to prevent dangerous grease fires. Also, retailers, repair shops, and manufacturers should ensure that they are storing combustible or flammable materials in safe locations, away from heat sources. This might include paper goods, cleaners, and other chemicals that could cause dangerous fires.
Thorough Employee Training
Finally, businesses can keep their commercial property, employees, and customers safe by ensuring that all employees receive thorough safety training for fire prevention and emergency evacuations. Employees should be trained on how to safely handle dangerous or flammable materials, how to operate fire extinguishers, and how to quickly and safely evacuate in the event of a fire. This can help prevent fires from happening, slow down the spread of small fires, and save lives if a large fire breaks out.
In these uncertain economic times, the last thing a business owner needs is the heartache and high cost associated with a business fire. Preventative measures are worth the investment because they help protect the future of the business. Aegis Insurance & Financial Services can also help protect businesses across all industries with our wide range of Commercial Insurance policies, which can be tailored to meet the unique needs of any business. Contact our office today for more information, or fill out our online form to request a free quote!