Reduce insurance premiums with electrical maintenance

Nov 30, 2020 | Electrical Maintenance Program

Reduce insurance premiums with electrical maintenance

It’s widely known that commercial insurance premiums can be extremely expensive. Most of the time, you pay a lot of money to think ahead and prevent possible electrical hazards that might arise. However, if you invest in proper electrical maintenance and infrared thermography, you will notice that insurance companies will lower your premiums. Why does that happen? Let’s find out!

The importance of electrical maintenance

Right from the start, electrical maintenance will help you identify and solve any possible electrical problems. The best part about this service is that it can be fully customized to suit your needs. You can access the maintenance services at any given time, not having to worry about any challenges that might arise.
With electrical maintenance you can also lower the business interruption costs too. That’s because you can prevent electrical problems from appearing out of nowhere. It’s also a great way to extend the equipment life in the long run. It’s also possible for you to lower the electrical utility costs, since you can identify connections suck up your energy bill. Preventative solutions like these are very helpful, and the results you can get are nothing short of staggering.

In addition, the repair costs are lowered, since you can assess the equipment power and features that it can bring to the table. It’s incredibly powerful and the results you receive are very impressive. That’s what really sets the tone to deliver a very good experience. You can also lower the arc flash exposure, which is very important when it comes to protecting your team from any hazards.

Can regular electrical maintenance lower insurance costs?

Insurance companies absolutely take into account electrical maintenance. They want to make sure there are no hazards before they start sharing a particular premium. For the most part, you will notice the fact that regular electrical maintenance will lower your commercial insurance costs quite a bit. The reason is simple, once you conduct maintenance tasks like infrared thermography, the chances of dealing with any electrical hazards are a lot lower.
As a result, insurance providers will offer you a much lower quote. In the end, you get to save a lot of time and money this way. You’ll have less property loss claims, not to mention there will be less personnel injuries. It’s an incredible way for you to lower business costs, especially when it comes to expensive insurance premiums.

Conclusion

We recommend you to perform electrical maintenance as often as possible. Things like infrared thermography, regular servicing and upgrading the electrical system can help you prevent any possible electrical hazards. Try to focus on eliminating any concerns and focus on delivering the best experience. It’s not simple to lower insurance costs, but something as simple as regular electrical maintenance can make quite the difference. If you need professional infrared thermography services to ensure the electrical system is working, give us a call. We are vetted experts with more than a decade of experience in this field. We will help protect your business from any electrical hazards, while also making it easy to lower insurance costs!

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