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Rain on your parade? Yes, please: sprinklers may be a fixture in U.S. building codes, but...

By Fogg, Erin
Publication: Risk & Insurance
Date: Tuesday, May 1 2007

Summary

* Unsprinklered locations are one of the most overlooked risks because North American companies simply aren't aware of the exponential increase in exposures that result from operating a building overseas without sprinklers.

* The average sprinkler fire damages are at $600,000, while average damages in unsprinklered fires exceed $3 million.

* Fire and building codes vary greatly across the world, exacerbating the misconception that sprinklers aren't the best protection for fire losses.

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