The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1893-12-13
FIRE INSURANCE.
Strange Fatality Attending the Al
lowing OF Policies 10 Expire Ran.
dom Talk on Insurance Generally.

Hon. George D. Tlllman's house I'm Edge.
field County. was burned one day last week
The insurance policy had expired only few
strange fatality 10 houses whose owners allow
their policies OF insurance to expire. II Q
house has been long insured, and the policy
tain that 1t will burn. Persons who concl ude
TO economise On insurance bad better reduce
the amount. and keep the policy 10 force.
MIR: Robert H; Wardlaw OF this place lace IN, N;
where Mayor HIPS store Is now, and he con-
- cluded that II was a waste OF money TO paw
Insurance, so he let II expire. In lew
DIR. j. w. w. Marshall insured bis dwell
ing for many years. He let the policy lapse,
and IN q few months his house wax In ashes.
insured from the day OF It's erection-about
twenty years-the policy expired one day,
and the next morning 1t was burned.
The owners OF the Marshall House in Able
the building. The agent suggested that they
wait two weeks and have the whole insur-
ance In one policy. They waited. and before
the expiration OF the Two weeks the mouse
went up In smoke.
Fire Insurance is a subject TO be studied.
Too many OF our citizens waste their money
spend too much for Insurance, but a small
policy should always be Kept.
The facts are these: II we do not Insure we
may never lose our property. But II we 90
will pay out us full value In premiums.
All men whose estate is In single risk,
should insure for a reasonable amount, say
fifty per cent Of us value.
But If q man is very rich and owns great
many houses he heed not insure at all.
In estimating the value OF house be sure
to allow from ten TO twenty five per cent. tor
decay. Don't include fencing, the brick In
the chimneys, or the cost OF the well In estl-
mating the value OF u hou-e. A good house
can be built for about 500 a ROOM including
the chimneys-and many com mlortable houses
do not cost over $3.50 room. The terms OF the
policies requires us to take some OF the risk
ourselves. Under the circumstances, then
SIS room on the average house would be
about as much as we need To pay premium
for.
Another matter If your house Is burned
freeze to your policy, and allow no adjust
er," by the aid OF carpenters estimates 10
bull-doze you out OF one cent OF the face value
house Is burned, we hear o! "adJuSters" COM
ing round, but the thing tor you To do Is To
demand your money. II the "adj ulster" wants
to give carpenters S25 estimates on re-
Tue policy is the contract, and no Insurance
company In this country can find u jury In
Abbeville county who will consent To cheat
you out of your money.
Read your policy carefully and try to com.
ply with its terms. When law comes the
Insurance company may try to beat you out
OF your money, II you have neglected any
Another matter. The Press and Banner be.
Iieves that the public school house In this
we are In debt for 1t. II we were out OF debt,
then we ought not 10 Insure IT..
The Court House aud Jail ought not to he
insured. The people owe nothiug tor these
buildings and are as able TO take The risk as
the insurance companies.