January 07, 2019 10:03am

s the owner of rental properties, if you could reduce your economic loss by reducing the size of a cooking fire for approximately $50.00 per unit, would you do it?

You can do this with a simple item called Stove Top FireStop.

According to the National fire Prevention Association, (NFPA) a kitchen fire starts every 8 minutes. Cooking is the leading cause of fires in college apartments. The Vancouver Washington Fire Department states that 38% of all apartment fires are cooking related.  The typical loss for a kitchen fire loss is $46,000.00 however in a building with a fire suppression system the typical loss is $2166.00, a huge difference.  These are scary numbers but by taking a few proactive steps you may save thousands of dollars but more importantly you can save lives.

These easily installable kits dispense a fire suppressing powder directly onto the fire so the unit is effective on all types of fires, the powder is non-toxic. The unit also emits an alert to residents so they are aware of a problem.  There are two different models of StoveTop FireStop, it is important to install the proper type based on your range top configuration. If you want to learn more, check out the StoveTop FireStop website at https://stovetopfirestop.com/

Many insurance companies will offer a credit when calculating your property insurance premium if you install these devices in all of your rental units.  As a Trusted Insurance Advisor, we are always looking at ways to assist our clients in operating their business in the safest and most profitable ways.

As the owner of rental properties in Northeast Ohio keeping your buildings safe is paramount to your success. To review all of your property and liability insurance contact your Trusted Choice Independent Insurance Agent at Richey-Barrett Insurance.

Share this post

Free and Valuable Insurance Review

You simply cannot afford to take any chances with your insurance protection. If disaster strikes you need to be protected. Everyone’s insurance needs are different, and there is no single insurance company that could ever possibly protect everyone because of their unique circumstances and changing needs. The best way to ensure you have the coverage you need is by contacting a Trusted Choice Independent Insurance Agent.

Your independent insurance agent is uniquely positioned to provide you with coverage options from several different highly rated insurance companies. This freedom will allow you to choose the protection you need and enjoy the peace of mind that you deserve.

Second Opinion
Our Free and Valuable Insurance Review provides you with a second opinion to ensure you are properly protected.

Help Protect You from Unknown Liabilities from Business and Life Changes
-New Piece of Equipment, Purchasing a New Business or building codes are just 3 examples of business changes that need to be reviewed so your business can properly be protected.
-Just married, new child on the way or purchasing a new home are just 3 examples of important personal life changes that need to be reviewed to ensure you and your loved ones are properly protected.

Learn About Important Newly Designed Protection for:
-ID Theft/Cyber Liability
-Systems Breakdown

Verify You are Getting the Discounts You Deserve

Receive Free Regular Insurance Reviews to Meet Your Needs
We did not build our business over 100 years by just selling insurance policies. We will tailor make an insurance review program specifically to meet your needs to help make sure you protected over time.