Kurt Thoennessen, VP at Ericson Insurance Advisors, discusses risk management strategies and tools that can help protect second homes from danger with Dan Sweeney, President of Danco Management.

Danco Management LLC offers property and grounds management services for owners of luxury homes in and around Litchfield County Connecticut.

Featured Guest:
Danco Management
President - Dan Sweeney
http://dancomanagement.com/

 
Interview Highlights:

Automatic water shutoff valves:
- Protect homes from major damage from water leaks.
- Help promote water conservancy
- Flo Technologies Inc. - www.meetflo.com

Smart Thermostats provide an indication of temperature at a second home, which can help prevent damage caused by low temperatures.

Oil level indicators keep an owner aware of the oil level in the oil tanks. This helps prevent a situation where the oil runs out and leaves a home without heat.

Alarm systems are a critical component of a second home's over all protection. There are several components that can be utilized to provide protection to a second.
- Heat / smoke detection
- Motion detection
- Low temperature monitors
- Signal continuity
- Closed circuit TV monitoring
- Humidity monitors

Lightning can cause significant damage to a home's electronics whether there is a direct hit to a property or a there is a strike off property that leads to a power surge.
- Lightning protection systems can help mitigate / prevent damage from lightning. EMP Defense is a technology that is being used for this purpose. https://www.empdefense.us/
- Whole house surge protection is also an effective solution.

Fire suppression systems can also help prevent major damage from fire. Plumis is a technology that is being used to add these systems to homes with reduced need for major retrofitting renovations. https://plumis.com/index.html