An important reminder; Wildfire season is now here…and with a winter that was exceeding dry across all of North America—the threat of fire damage…for those who own apartments, commercial and other real estate buildings/assets is larger than it has been in decades.
Related to this…what can you and your multi family property management company do…to protect your real estate building assets from brush fires? Do you have a plan in place if a large wildfire were to put one of your properties at risk?
Below are two timely and important articles related to wildfires–and a number of smart/bright recommendations. Please share these stories with those on your leadership, leasing and maintenance teams~
How To Minimize Property Damage In The Event of A Wildfire
http://www.multihousingnews.com/news/how-to-minimize-property-damage-in-the-event-of-a-wildfire/1004052317.html
2012 Wildfire Projections
http://www.huffingtonpost.com/2012/04/13/2012-wildfire-season-west_n_1423123.html
Within your property management company—-what are your policies/procedures for how often your team clears brush and vegetation at your apartment and commercial real estate buildings? How often do you send communication to your residents/tenants—reminding them of certain safety precautions if your real estate apartments and/or commercial buildings were to be at risk?
Focusing on wildfires and fire damages…how does this tie into your real estate and apartment/commercial building insurance coverage? What does your insurance policy require/or would like to have regarding surrounding vegetation and debris located at your properties?
Would you like our team to do a comprehensive review of your real estate building insurance coverage—related to wildfires and/or fire damage?
To learn more about this topic and to read the news, trends and ideas being shared by PM leaders—join the discussion thread below~with 50+ posts.
Industry Knowledge, Real Estate Building Insurance
http://www.linkedin.com/groupItem?view=&gid=36805&type=member&item=76772122&qid=0dc2d3c2-c9cd-4dc8-b481-ed2e4f93d5cb&goback=%2Egna_36805
Craig Simmons
Power Insurance & Risk Management Group
http://www.PIRMG.com
877-602-6030
