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Tag: Home Insurance In Nashville Tn

History Of Fire Insurance

The earliest known fire insurer in America dates back to 1735.  The Friendly Society for the Mutual Insuring of Houses against Fire was based out of Charleston, South Carolina.  The society was not formed with the intention of achieving a profit, but more as an outgrowth of volunteer fire-fighting organizations.   A premium of one percent was paid into a fund that was invested until...