Questions and Answers

Issue 18 and Volume 84.

Questions and Answers NOTE—Readers are invited to send in questions, which will be answered in the order received. Names are omitted from questions unless otherwise specified Fire Protection vs. Insurance To the Editor: I have a problem which I would appreciate your advice on. Is it cheaper to purchase fire equipment or to pay more for fire insurance? L. J. H. Answer: It is much cheaper to purchase fire equipment and maintain a fire department than to pay more for fire insurance. That’s why insurance companies found it profitable to establish their own fire departments in the early days of insurance. Subsequently, with the organization of municipal departments, the insurance interests established salvage corps to reduce fire losses. The fact that these corps are still in existence shows that it must pay insurance companies, and it would therefore pay the public to maintain well-equipped departments. As a matter of fact,…

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