On homeowners' insurance - Tips Fire The National Fire Protection Association, a nonprofit organization devoted to fire safety, said in its September 2007 report that the fire departments in the United States responded to 1,642,500 fires in 2006. It's one fire every 19.2 seconds.
The fire damage is heartbreaking. In 2006, a fire made some 3245 civilian deaths and caused more than $ 11 billion in direct property loss. This highlights the hurricane lamps ($ 5.4 billion per year), floods ($ 5.2 billion per year), and earthquakes (4.4 billion dollars per year) for losses annual direct. The U.S. Fire Administration, a federal agency, reports that the indirect costs of fires, including medical costs, lost business, temporary lodging, and psychological damage can be ten times greater than direct costs. No wonder fire insurance is the backbone of the owners insurance.
insurance against fire was the first form of proprietary insurance . It was designed by Nicholas Barbon, an English physician, economist and businessman who contributed to reconstruction efforts after the Great Fire of London in 1666, which destroyed over 13,000 homes. It began offering fire insurance in 1667. In 1680, he founded the first fire brigade in London, aimed at preventing another disaster and, of course, minimize the risk to its insurance operation.
The first American insurance company, based in Charleston, South Carolina, in 1732, has also offered fire insurance. Inventor, printer, entrepreneur, and a signatory of the Declaration of Independence, Benjamin Franklin helped to popularize the fire insurance through the introduction of perpetual insurance in 1752 by the Philadelphia Insurance Contributionship houses of fire. With the perpetual insurance, the insured is a time deposit with the insurance company. In return, the insurer agrees to pay claims for losses due to fires in perpetuity. If the policy is canceled, the insurer returns the entire premium to the insured. For the working model, the insurer must earn enough return on deposits to pay for losses and operations.
Following the model of Barbon's Fire Office, the Franklin company has sought to minimize losses by the fire. The company has also followed the strict underwriting guidelines, refusing to provide wood-frame houses and other buildings that are fire hazards. Franklin also invented several elements to reduce fire hazards, including the lightning rod and iron furnace stove.
Today, the National Fire Protection Association, the U.S. Fire Administration, local fire departments, and schools work to prevent fires. Although the number of fires increased by 2.5 per cent in 2006, the number of civilian fire deaths dropped a dramatic 11.7 per cent, the lowest number since NFPA began using his method Investigation underway in 1977-78. The biggest improvements in security occurred residential. The number of civilians who died in residential fires has declined from 14.2 per cent in total for 2620. The number of people killed in one year and two-storey home fell by 16.1 percent. Surprisingly, death by fire of housing were down 57 percent from the peak of all time in 6015 reported in 1978.
One of the main reasons for the variation in the number of deaths related to fire has been the decline in smoking prevalence. According to the Centers for Disease Control, the prevalence of smoking among adults has declined from 42 percent in 1965 to 20.8 percent in 2006. Technology has also had a huge impact on home fires. Smoke detectors, upholstered furniture and mattresses that are resistant to ignition, cigarette lighters child-resistant, and reduced ignition cigarettes have all contributed to the decline in deaths from residential fires.
To further reduce fires, the National Fire Prote.
Posted on August 21, 2010.
