Fire is one of the leading causes of property loss. In Oklahoma, older buildings and faulty wiring increase risks. Insurance may not cover everything if fire safety codes aren’t followed. Installing alarms, sprinklers, and having an evacuation plan reduces risk. Business interruption coverage can also replace lost income while repairs are made. Fire safety is prevention plus financial backup.
Many business fires begin from:
- Faulty wiring or outdated electrical systems
- Improper storage of flammable materials
- Clogged dryer vents or HVAC units
- Neglected equipment and machinery
Installing smoke alarms, sprinkler systems, and fire extinguishers can significantly reduce risk. Regular inspections ensure these systems are operational when it matters most.
Even if you have property coverage, there may be limitations if fire safety codes aren’t met. Review your policy for:
- Building coverage (structure replacement costs)
- Business personal property (furniture, equipment, inventory)
- Business interruption insurance, which replaces lost income while repairs are made
Fire prevention is your first line of defense — but solid insurance coverage is your safety net. Together, they ensure your business can recover quickly and keep serving your clients.
Stay Tuned For Other Great Reads In This Month’s Newsletter
- Commercial Auto: What’s Really Covered vs. Personal Auto Policies
- Protecting Your Tools & Equipment from Theft
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