Outdated Wiring = Unacceptable Risk
Faulty electrical systems are among the top causes of rental property fires. Insurers and inspectors alike take electrical safety seriously.
Key Concerns:
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Exposed or Damaged Wiring: Indicates poor maintenance and high fire risk.
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Improper Use of Extension Cords: These are not substitutes for permanent wiring.
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Overloaded Outlets and Panels: Can spark fires and show lack of professional maintenance.
Risk Solved: Correcting electrical issues reduces the risk of fire, improves tenant safety, and demonstrates responsible ownership. Properties with up-to-code electrical systems are viewed more favorably by underwriters and often qualify for better policy terms.
