Here is an interesting insurance statistic courtesy of our friends at Arbor Insurance Group:
Average cost of an insurance deductible for a commercial real estate property: $2,500. Deductibles for water losses are ≥$5,000.
Losses for fire sprinkler freeze incident? $10,000 to $50,000 with a caveat that, if a building is unoccupied for a long weekend, it can climb much higher.
Most insurance companies typically see 10+ commercial pipe freeze each winter.
Hopefully this helps to illustrate how preventative maintenance with Salamander Reservoirs are cost-effective protection against the downside of pipe freeze! Get connected and stay protected today!