Original Air Date: June 25, 2024

Webinar Summary

Vacant properties present unique challenges because they lack the day to day activity that naturally mitigates common hazards. Draining sprinkler systems leaves the building exposed to a potentially severe fire. While having a vacant property is never a desirable situation, some basic steps can be taken to reduce the hazard until it is again occupied. Beyond the property hazard concerns, vacant buildings can become a liability hazard to the public and municipality. Vacant buildings are generally considered an attractive nuisance, especially if they are in close proximity to residential areas. Without proper security and barriers, a vacant property can quickly become a magnet for bad actors looking for a place to hang out and a target area for crime.

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Audience

This webinar is designed for Chubb appointed Agents and Brokers, and their select Clients.

Presenter

Bob Sweitzer
Senior Property & Casualty Risk Engineer
Chubb Risk Engineering Services

Duration

1 hour

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