Related to real estate building insurance coverage within the multifamily, multihousing sector….we know there is a significant importance to doing proper chimney cleaning/maintenance this time of year—at the apartment communities that you own/manage.

Below is a timely article related to why you need to do consistent inspections of all of your chimneys—before the temperatures drop any further.

Improperly capped chimney hole starts fire in Rumford apartment
http://www.sunjournal.com/news/river-valley/2012/10/10/improperly-capped-chimney-hole-starts-fire-rumford/1263517

Within your apartment communities—-how often are chimneys inspected? What condition are your flues in? How do these inspections tie into your property insurance coverage/pricing and terms?

Depending on the condition of your chimneys, a chimney fire can pose a significant threat to the rest of your apartment units/residents. Flames from the fire can find their way through cracks in a clay chimney liner/mortar and ignite framing around the chimney. This kind of chimney fire can also spill over onto the roof and cause a fire there as well.

Your take on the maintenance of your chimneys? What are you and your maintenance teams doing—to prevent chimney fires?

Would you like our team to do a comprehensive review of your real estate building insurance coverage—related to fire prevention?

To learn more about this topic and to read the news, trends and ideas being shared by multihousing PM leaders—join the discussion thread below~with 80+ 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

Your LinkedIn group owner/moderator
Craig Simmons
Power Insurance & Risk Management Group
http://www.PIRMG.com

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