How a Fire Alarm Sprinkler System Saves Homeowners Money

Despite overwhelming evidence that residential fire sprinklers save lives and property, they’re only present in 7% of home structure fires.

Fire alarm and sprinkler systems encompass various devices that accomplish much more than just detecting smoke like the common smoke detector device. This is the key difference between them, and the life and property saving one. Installed fire systems not only identify danger but can take action, while a smoke detector will only recognize the presence of smoke in the immediate area of the detector.

Smoke detectors are a valuable resource that provide early warnings, but they are not enough protection in every situation. They can’t: extinguish flames, stop the spread of flames, control smoke, or alert you of smoke and fire if you are not home.

Homeowners with fire alarm and sprinkler systems protect their families and property, as well as save money on insurance premiums and potentially increase their home’s resale value. Insurance companies offer discounts because they know they’ll pay out less in losses when buildings have fire sprinklers.

Insurance Discounts

Insurance companies offer discounts, some as high as 35%, on homeowners’ insurance policies for homes with fire alarm and sprinklers. These annual savings can really add up, contributing to the cost of installing fire protection in your home. Discounts vary, so homeowners should shop around for the best deal. 

The average cost of Homeowners Insurance increases an average of 27% after a fire.

Reduced Property Damage

Installing fire alarms and sprinklers throughout your home can reduce property damage by more than 70%. In addition to preserving the structural integrity of the home, it will protect your contents and irreplaceable belongings. In the event of a fire, homes with sprinklers experience nine times less damage than homes without.

Property losses are 85% less in residences with fire sprinklers compared to those without sprinklers.

Increased Property Value

According to a Harris Interactive poll, 74% of U.S. homeowners are more likely to buy a home with fire sprinklers. Many buyers prefer homes with sprinklers because they see them as an important safety feature.

A recent study by Green Builder Media found that 85% of the Gen Z community and 75% of Millennials are willing to pay more upfront for resiliency upgrades to a home if it will lower the total cost of homeownership over time.

Safety from Fire & Long-Term Savings Too

Warm Waters provides fire sprinkler installation, service and inspection for fire alarm and sprinkler systems. CONTACT US Warm Waters today to learn more!