The NFPA reports that fireworks start an average of 18,500 fires per year!
I’ve personally had to submit a claim for a client that owns a garden apartment building in Phoenix, so this is a first hand experience and very important for me.
Unless you like paying higher insurance premiums and dealing with fire damage, now is a great time to remind the residents of your apartment community that it is not acceptable to light off fireworks on the apartment property. Advise all staff to be on the lookout and let offenders know to promptly discontinue use of any fireworks.
The claim referenced above caused over $55,000 in building damage and was caused by a typical fire work you buy at any parking-lot fireworks stand. There are plenty of hazards out there that can cause damage to your buildings, this one is completely avoidable. Don’t let this happen to your asset!
If you would like additional information about how to manage and reduce the occurrence of claims at your property please feel free to reach me and schedule a consultation
