How Fire Sprinklers Reduce Insurance Costs

Insurance premiums keep rising, but having comprehensive cover in place in case of a fire is one area property owners should never neglect.

Armstrong Priestley provides highly effective fire protection systems that not only save lives and prevent property damage but also bring financial benefits through insurance savings.

Read on to find out how installing Armstrong Priestly fire sprinklers could reduce insurance costs for property owners.

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How insurance premiums are calculated

Insurance companies are in the business of risk management and assess several factors related to fire safety when calculating your insurance premiums.

The building’s location, its age, and its condition are all considerations, but the following three are the most significant.

Perceived Fire Risk

Insurance companies consider the risks of a blaze starting and of fire spreading in your premises when calculating your insurance premiums.

In a commercial property, these factors may include the building’s use, whether it is occupied or unoccupied, and the type of materials stored within it.

Storage of highly flammable materials may increase your building’s perceived fire risk, resulting in higher premiums.

Claims history

Your claims’ history is also relevant.

You will have an increased risk profile if you have made previous fire-related claims, which will bump up your insurance costs.

Fire safety compliance

Fire safety compliance is a legal obligation for property owners. Installing fire-compliant systems is essential to save lives and prevent fire damage.

When will insurers reduce insurance premiums?

You can’t easily change the location of your property, and you can’t change the nature of your business to one with a lower risk profile.

The two best strategies for obtaining insurance premium discounts are:

Compliance with regulations

Fire safety compliance is a legal requirement under commercial building regulations.

Compliant systems offer the highest fire safety, protecting lives and reducing property damage. Properties equipped with fire protection systems, such as Armstrong Priestley fire sprinklers, can expect significantly reduced insurance premiums.

Regular maintenance for lower insurance

Insurance companies offer discounts for well-maintained sprinkler systems. Even the best sprinkler systems need to be inspected regularly to ensure that they provide fire protection when needed.

We provide a range of maintenance packages for building owners.

Armstrong Priestley fire sprinkler systems for lower premiums

We are recognised as one of the UK’s foremost providers of fire suppression systems.

Research has shown that automatic sprinklers are highly effective at controlling fires, and our customers enjoy insurance premium reductions as a result.

Our sprinkler systems save lives

Armstrong Priestley sprinkler systems offer highly effective fire protection.

Our automatic sprinkler heads detect fires early and control their spread with water mist before emergency services arrive. Occupants have time to evacuate safely, and valuable assets are protected.

Other benefits of our sprinkler systems include the availability of alternative, non-toxic fire-suppressant agents for environments at risk of water damage.