The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1890-11-17
0F INSURANCE.
We'll as Physical Hax,
Il Included.
EASING REDUCTIONS,

ootSlNG REuUGUON9a
n1sns.ts wAiek 1raks Up
1900 for seattie-whsa
vim cene Dswn.
rurance companies are still
eompletion Of the fireboAt,
~ wafef-mains and the es-
= she Steam Heat and Power
1lt water system. before ask
7nction OF rates. When the
e hsvs been made. the Pacific
7jnion will be asked 70 reduce
11xsbly, and has promised to
vjew with D. A. Spencer. man-
~ Home Fire Insurance Com
,.IrrrLL1o ENcKR reporter yes
~: ~What goes to make the
- looality!"
consideration, said Mr..
-. ~ moral hazard OF the COM
- largely fixes the basis upon
- made. To illustrate: An
1Dun, where every man knows
-. naturally ranks way above
~gs new people come in 90 fast
20 - intimately known to the
sslfle. for instance. Its popula-
f6nkiod since the great tire. The
~ * the newcomers are peo-
Il = welcome in any COM
- among them are naturally
11oeurs, These few among the
- % start various lines Of
Skrp buildipgs for speculative
upon small capital. and
frdk does not pay. insure
~ % the insurance conn
n q III adds to the loss ratio,
a aeainst the community at
or Nam that goes to make the
{6oIo = physical hazard Of the town
Is this Is comprised the gem
.naor 81 the buildings, material,
- construction, etc., the facil-
~ srtlneuishing the fires, in which is
~ copsidefation the character and
1rs Z lhe firs department, their APP
~ 1he water supply.
hsxing been fixed for the town.
~ = then rated upon its own
j M building, starting at q cor.
pould have added to the basis
@ RI oxeom h height above three
- txeessivs ares without brick
I1fS uslln, 1or we'll holes. untrapped
unprotected skyliehts. unpro-
onlnu who're exposed by other
49,. r. inch exposure char ges ~
20 - upon Z general schedule,
= 6npancies according to charac-
- - he main items. Some adj
t1o nn1s for faulty construction,
1iono made where the building 10
"a sgolsee.
~ ! lheoo,0tory brick building Of B
r (xnmrie. The basis rate IL 81 Per
- ~ We odd. for unprotected sky
- 5rnts each: for untrapped eleva-
D6inb; Tor unprotected openings &C
= ~ hssard Of outside exposure,
T. = character and extent Of adjoin-
- loF every story over three the
arse = s cents, though here We
n largely il excess, because the
x y 3 not sufficient to roach the
- Thar 4 also An addixion
6kk end character Of the occu-
- smother for excessive area
~ divislon walls, the maximum
- ~ heing about 60xl00 feet. Id0n't
~ = aaheIs trapped elevator In this
- The trap is placed at each
4 eoue1sss q two doors which open
e91omancaily - the elevator
no cioee when It has passed.
- ~ elevator shaft 10 . great
nom TIE noor to the roof. and
116ueh me Gre may be only ON the
Aeoss y WI shoot right up the
spread al over the building.
Mnsuated IN the fire at the Reng-
ans.
eeoeouie thus made up percent
80 Of deducted. according to the
.ofal and physical hazards OF the
= ban Francisco, where the fire
nent and water supply are remark
"a. there y deduction of 40 per
nnle nefs there Is an addition OF 20
edlaseiy after the fire." remarked
sseF, the Pacific Insurance Union
= rates In Seattle"
interrupted Mr.. Spencer, "from
Ivy par cent. incredible - 1t may
- thsn." continued the reporter,
= ~ department and water supply
Il IN greatly improved, and the char
- The buildings is much better than
ehe fre. What reductions have
usde IN rates on account of these inn
!lnentsf"
= reduction has been made In
g-house rates, and few Of the ex-
N high rated frames within the
district have been reduced, but
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