If you buy a fire extinguisher can potentially save you a 5% to 10% discount on your premium. Yes, just buying this protective device will not only save your assets from getting burned but also can save you some money. Moreover, the National Fire Protection Association highly recommends that houses should have a fire extinguisher.
Given these statistics and the fact that a commercial fire averages $35,000 in damage claims, fire extinguishers save billions of dollars, and by some estimates up to about $5 billion per year. Types of fire extinguishers. It’s key to understand which extinguishers will be the most effective at putting out different fires on your property.
Do insurance companies give a discount if I have a fire …
Answer (1 of 3): It depends. Is this commercial or residential? Because if its residential then definitely, but the thing is, that there are several discounts which will never be known (think alarm systems, fire extinguisher, sprinkler system). These are things which if you have a claim will po…
Fire extinguishers are about $40 for a 5lb model and a little more for a commercial 10lb. I already have one in my house, but I think 2 more at a minimum is what I should have to give me some measure of comfort and an ability to put out most accidental fires before they get out of control. Yes, I know that Glock may have to wait another week …
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Reference:
https://www.usfa.fema.gov/
https://en.wikipedia.org/wiki/Fire_extinguisher