REDUCING INSURANCE COSTS
Security is the primary requirement for utilizing and converting electrical energy. From the simplest light bulbs to massive industrial facilities, all electrical systems contain internal components that provide safety. Likewise, any location with an electrical installation must undergo insurance and maintenance.
On the other hand, it can be noted that insurance and maintenance costs often reach significant levels. However, there are ways to mitigate this.
How is the Cost of Insurance Determined?
The main factor determining the cost is the repair and replacement expenses of the equipment that requires protection. Insurance companies first examine the systems to be insured and create a cost list by consulting experts. The policy is formulated based on these principles. Additionally, worst-case scenarios are always considered when calculating insurance costs.
Therefore, the expenses incurred by equipment and systems in the event of potential damage form the foundation of the insurance cost. The way to reduce the cost is to lower potential maintenance and repair expenses.
One of the greatest causes of damage seen in electrical installations is sudden voltage changes in the grid. By taking precautions against these changes, you can significantly reduce the budget allocated for insurance and provide comprehensive security.
Along with all this, it should be noted that grid-sourced problems are not covered by the manufacturer’s warranty. Malfunctions resulting from lightning strikes or voltage fluctuations in the system are not within the device’s warranty scope. Consequently, in such cases, spending from the insurance budget is unavoidable.
How to Reduce Maintenance Costs?
Various types of equipment exist to ensure electrical safety. However, using these components might increase insurance costs instead of reducing them.
For example, surge arresters (parafudrs) are used to direct lightning energy to the ground. Although it is commonly thought that these components will block high voltage, they may fall into the status of measures that increase costs since they do not provide voltage suppression. Especially in locations with heavy machinery, large-scale workshops, and industrial plants, ensuring energy security is difficult, and these grounding components require regular maintenance. Considering all this, it can be stated that using surge arresters alone will not prevent costs but will instead increase them.
Trimbox Provides Insurance Discounts
Trimbox holds the “declaration verification certificate” issued by TSE (Turkish Standards Institution) and is known as the first invention to receive this certificate. Trimbox is a product that not only provides security but also reduces insurance costs.
It has been determined that in installations where Trimbox is used, insurance costs are reduced by as much as 15%. Moreover, by using Trimbox, it is possible to secure no-claims discounts in agreements made with insurance firms.
To give an example, motherboard burnout is one of the most common damages in electrical systems, and the costs resulting from this damage are expressed in billions of dollars globally. Therefore, motherboard replacement costs are factored into the insurance policy.
The more potential damages are minimized, the more the costs will decrease. With Trimbox, it is possible to significantly reduce the damages arising from electricity use, primarily insurance costs.
Simple precautions sometimes save lives. The best investment we can make for our family, our business, and our environment is protective measures. With Trimbox and GNDSeries, you can be protected from electricity-related damages and resulting electrical contact fires.
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