Causes of Fire

Based from an Insurance Executive, only 10% of the Households and Business are insured here in the

Philippines. 90% are at risk!

Fire Insurance in the Philippines is still on its early stage. Most of us consider it as an additional expense or a useless paper. But to tell you honestly, fire insurance or any insurance should be considered an asset or an investment. Most people also thought that Fire Insurance is expensive, it's not!!! Before i give a sample computation, first I would like to share with you the statistics of Fire Causes in the Philippines.(source: NSO). Even worst is when you see the ratio of Fireman to Population! Real scary!

Source: National Statistics Office:
2006Â Â 2007
Causes of fire incidents
TotalÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 8,823Â Â 9,042
Electrical connectionsÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â 2,284Â Â 2,195
Open flame due to torch or suloÂ Â Â Â Â Â Â Â Â Â 981Â Â 949
Open flame due to unattended
cooking or stoveÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 485Â Â 480
Open flame due to unattended
lighted candle or gaseraÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 373Â Â 414
Electrical appliancesÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 312Â Â 323
Lighted cigarette buttÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 256Â Â 280
Spontaneous combustion 285Â Â 213
Lighted matchstick or lighterÂ Â Â Â Â Â Â Â Â Â Â Â 186Â Â 186
Liquefied petroleum gas explosion
due to direct flame contact
or

; -moz-background-origin: padding; -moz-background-inline-policy: continuous;”>static electricity 84Â Â 113
Electrical machineryÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 118Â Â 93
Incendiary device/mechanism
or ignited flammable liquids 85Â Â 62
PyrotechnicsÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 71Â Â 61
ChemicalsÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 49Â Â 41
Bomb explosionÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 15Â Â 6
LightningÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 4Â Â 5
OthersÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 1,615Â Â 2,202
UnderterminedÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 1,620Â Â 1,419

Fireman to population ratioÂ Â Â 1: 5,749Â Â Â 1: 5,911Â Â 1: 6,039
Policeman to population ratioÂ Â 1: 707Â Â 1: 750Â Â 1: 757

If you can only imagine, we have the rarest case of fire causes from the most common form, we are not exempted from these causes. Fire can burn down your house even if its made of concrete! Fire can burn down your whole life of investment! Fire can kill everyone, nobody is exempted, Rich or Poor, Baby or adult. Congressman De Venecia was a victim of Fire with fatality,a friend of mine was a victim of fire also,all died except him. For a small amount of annual premium, it's better to be sure and protected!!!

You can check http://www.insuranceexperts.ph/?p=253 and http://www.insuranceexperts.ph/?p=264

Most of the Fire Incidents happened during the Christmas and New Year Season. See Fire causes chart.

For more info on Fire insurance, you may email at richard@insuranceexperts.ph or call 7245140

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Causes of Fire

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