<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"

	xmlns:content="http://purl.org/rss/1.0/modules/content/"

	xmlns:dc="http://purl.org/dc/elements/1.1/"

	xmlns:atom="http://www.w3.org/2005/Atom"

	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"

	
	>

<channel>

	<title>New answer on: How Does Home Fire Insurance Work?</title>

	<atom:link href="https://insurancelibrary.com/home-insurance/how-does-home-fire-insurance-work/feed" rel="self" type="application/rss+xml" />

	<link>https://insurancelibrary.com/home-insurance/how-does-home-fire-insurance-work</link>

	<description></description>

	<lastBuildDate>Thu, 08 Feb 2024 00:23:46 -0600</lastBuildDate>

	<sy:updatePeriod>hourly</sy:updatePeriod>

	<sy:updateFrequency>1</sy:updateFrequency>

	<generator>https://wordpress.org/?v=6.9.4</generator>


	<item>

		<title>By: David Pipes</title>

		<link>https://insurancelibrary.com/home-insurance/how-does-home-fire-insurance-work</link>

		<dc:creator>David Pipes</dc:creator>

		<pubDate>Mon, 21 Apr 2014 19:04:52 +0000</pubDate>

		<guid isPermaLink="false">https://insurancelibrary.com/home-insurance/how-does-home-fire-insurance-work</guid>


		<description><![CDATA[Home fire insurance works on the basis of shared risk.  An insurance company brings together people with similar risks so that they can share losses if there are any.  Since such a group would have houses of different values, locations, and exposures, the company uses statistics and experience to develop rates that would apportion the risk to the various houses.  If in a particular pool the total exposure or risk is $1 billion dollars, your portion of the actual risk might be only $700.  ]]></description>

		

	</item>


</channel>

</rss>

