California to require insurance discounts for property owners who reduce wildfire risk
A bill introduced in California would allow commercial and home insurance companies to offer discounts to fire resistant property owners.
On Monday, California Governor Jerry Brown signed a new bill into law that will help homeowners make their homes more fire resistant, and it will also let commercial building owners make their commercial buildings less vulnerable to a big, bad fire.
Specifically, the bill would allow insurance companies to apply discounts to the property owners of commercial buildings and commercial properties to prevent the loss of their buildings in the event of a fire. That is important because of the economic damage that a major fire could cause to businesses in California.
So far, there are only two states that have passed fire resistant building laws. But with the new legislation, California is about to join the ranks of the 50 (maybe more) that have passed similar laws, as noted in a brief report by the Associated Press.
It is clear that the new California law is something that can be emulated in other parts of the country. So, what should commercial building owners do now to make their buildings more fire resistant?
How commercial properties should comply with the law
It is important to know that commercial building owners will be expected to comply with fire risk management regulations, rather than building codes. These regulations are meant to be more rigid: The California Fire Code requires building owners to meet stricter safety standards than the more flexible codes that are in place in many other states.
But there are plenty of good general tips that building owners can follow to keep their buildings safe from fire. If you want to learn more, check out this link.
For instance, commercial property owners can reduce risks to their properties by doing the following:
Making sure that the proper fire safety measures are in place (including using sprinkler boards/ports)
Redundancy for electrical power (when possible)
Having smoke detectors in the affected areas
Having fire extinguishing sprinklers on the roof
Having escape routes in the building
Having a fire alarm system that can activate automatically (not a voice activated system)
If there are any deficiencies, and building owners try to correct these, they should be done in time-sensitive emergency situations
These steps are intended to help commercial property owners become fire resistant.
What to think about if you have not started working on your fire safety efforts yet