All areas have a fire protection rating based on how far it is from a water source and the distance to a responding fire department. If a fire were to break out in your home, a poor fire protection rating increases the chances of total property loss, which in turn increases your insurance premiums. Fire protection systems wouldn’t be sufficient to decrease your premiums in that case, but installing a sprinkler system could. It’s a costly solution, but one that could pay off in the long run.
You can’t control some of these factors. But by minimizing the risks that are within your power to control, you can help keep your home insurance premiums down.
You can’t control some of these factors. But by minimizing the risks that are within your power to control, you can help keep your home insurance premiums down.
