High-Rise Fires Cause Quarter Billion Dollars of Property Damage a Year
According to a new report by the National Fire Protection Association (NFPA), in 2005-2009, there were an average of 15,700 reported structure fires in high-rise buildings per year with an associated $235 million in direct property damage.
The report, “High-Rise Building Fires,” cites apartments, hotels, offices, and facilities that care for sick as accounting for roughly half of all high-rise fires. Structure fires in these four property classes resulted in $99 million in direct property damage per year.