By Desiree DeNunzio, Insureon Contributors
Brand is one of the most common causes of property damage – and it can also be one of the most costly events for a small business. About 10% of small businesses are affected by fire, and the average cost of a fire requirement is $ 35,000, according to The Hartford.
Although modern safety regulations have reduced the risk, fire is still a major threat. To protect your business, it is important that you train your employees in fire protection and emergency protocols, keep your workplace free of clutter and keep your equipment properly. These six fire fighting tips can help keep your business safe:
. Inspect and keep fire extinguishers
Keep fire extinguishers inspected and maintained in accordance with local fire codes and educate employees on how to use them properly. Many have never driven a fire extinguisher. Undergraduate education can save lives during a fire injury.
2nd Installing a Fire Sprinkler or Fire Protection System
All companies should have a fire alarm system, but you should also consider installing a sprinkler system or fire protection system – some local jurisdictions also require these systems in commercial buildings. Both help to extinguish fires before the fire department arrives. For example, if you use a restaurant, you should have a UL 300 compatible wet chemical fire protection system and follow the NFPA 96 standard for ventilation and fire protection.
3rd Regularly clean and inspect equipment
Incorrect equipment is a common cause of electric fires. Make sure your machines and equipment are in the correct order and turn them off when not in use. Regularly clean tools and equipment to ensure they work properly and safely.
4th Reduce debris
Keep your workspace as free as possible. Boxes, piles of paper and other combustible materials can provide fuel for fire. Be sure to keep electrical appliances (such as microwaves, toasters, coffee makers) away from paper or other sources of fire, and provide computers and other equipment with plenty of room to allow air to circulate around them and keep them cool. 19659005] 5. Have an exit strategy
Create an emergency exit plan and train fire exercises with your employees. Make sure that the emergency exit doors have the right signs and are well lit. Employees should always have ready access to at least two outputs. Regularly check the stairwells to ensure that nothing blocks them.
6th Maintaining outdoor spaces
Some companies are at high risk of fire damage, not because of what they do, but where they are. The American West is particularly vulnerable to fires this summer due to a dry climate and a dry vegetation. If your company is in a dry or wooded area, take steps to protect it. In areas that are exposed to wild fires, keep trees and brushes from growing next to your building and remove dry grass that is within 100 meters of any structure.
How small business insurance can help with fire damage
If a fire occurs at your business, small business insurance can help cover the damage.
Commercial property insurance is intended to help finance repair or replacement of damaged property (eg, equipment, buildings, goods and warehouses). Many property insurance covers fire damage. You may also want to consider a business owner's policy, or BOP, which combines commercial ownership and public liability coverage in a policy, usually at a discount.
Insuron helps business owners compare quotes from several insurance companies with a simple application. Start a free online quote today to protect your business.