Sprinkler System Discount
A reduction in homeowners insurance premiums for homes equipped with automatic fire sprinkler systems.
Detailed Explanation
Automatic sprinkler systems can significantly reduce fire damage by controlling or extinguishing fires before they spread. Insurance companies typically offer substantial discounts for homes with these systems, often 5-15% off premiums.
Practical Example
When James built his new home with a whole-house fire sprinkler system, his insurance company provided a 10% discount on his homeowners insurance premium due to the reduced risk of extensive fire damage.
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