Arizona Considering Fire Sprinkler System Requirement
Friday
From an article in the Arizona Daily Star: "As national regulators consider requiring fire sprinklers in every new home, one local fire district is pushing to make it a condition for homes built on the Northwest Side.
Already, large homes built on the edge of the district are required to have sprinklers installed in every home, but fire officials want the requirement extended to all new homes built in fast-growing areas of Marana and Pima County. The sprinklers, which add about $3,000 to the price of a new home, are an unnecessary regulation, some home builders said.
Fire officials say the increased cost is balanced by discounted home insurance rates, although according to a survey of two large insurance companies, the discounts would take years to equal the extra cost.
But homeowners could see other savings where it matters most: life and property. Homeowners who have sprinklers experience about $40,000 less damage than homeowners who don't, according to a 15-year study done by the Scottsdale Fire Department. Once sprinklers were triggered, they stopped fires 93 percent of the time."
Read the rest of the article here.
What I found interesting in the article was the line where it says "according to a survey of two large insurance companies, the discounts would take years to equal the extra cost."
The interesting fact is that adding fire sprinklers to a residence is one of the only, if not only, additions that you can make to your house that will pay you back. Even if it's over a long period of time, you will save money. Nearly everything else in your house can depreciate over time. Sprinklers actually save you money on insurance payments - which is like money in the bank.
If you need a fire sprinkler system installed in your house, you can find a company through ConstructionDeal.com. Our network of sprinkler companies will call you to bid on the job, which save you plenty of time from searching at random in the phone book. And multiple bids means you may also save money. It's a free service and we're waiting to help on any residential or commercial job.
But homeowners could see other savings where it matters most: life and property. Homeowners who have sprinklers experience about $40,000 less damage than homeowners who don't, according to a 15-year study done by the Scottsdale Fire Department. Once sprinklers were triggered, they stopped fires 93 percent of the time."
Read the rest of the article here.
What I found interesting in the article was the line where it says "according to a survey of two large insurance companies, the discounts would take years to equal the extra cost."
The interesting fact is that adding fire sprinklers to a residence is one of the only, if not only, additions that you can make to your house that will pay you back. Even if it's over a long period of time, you will save money. Nearly everything else in your house can depreciate over time. Sprinklers actually save you money on insurance payments - which is like money in the bank.
If you need a fire sprinkler system installed in your house, you can find a company through ConstructionDeal.com. Our network of sprinkler companies will call you to bid on the job, which save you plenty of time from searching at random in the phone book. And multiple bids means you may also save money. It's a free service and we're waiting to help on any residential or commercial job.
Labels: Fire Sprinkler News
