Comment Re:Let the market decide. (Score 1) 528
It's inefficient because they are not available in case there is a fire somewhere else
This statement makes no sense. Had they been actively involved in extinguishing the (uninsured) house, they would've been even less available for other engagements.
I'd open one in every town. Of course I wouldn't have any firemen or trucks. I would just collect the money and not answer any calls.
That's called fraud — a criminal act. Do you think, various criminals haven't tried this before? They have and still do, are you going to nationalize all insurance business because of this?
Those who get their house burnt would get a monthly refund
You'd be liable to much more than that — in addition to the above-mentioned criminal prosecution, you'd forfeit all the bonds you have posted and, of course, such a thing can only be tried once.
Most ordinary people might not have the attention span enough to track such fraudsters, but insurance companies do — and they will insist, you pick a fire-company from their "approved" list.
Of course, every private fire departement would need it's own aqueduc and private fire hydrant network, right?
Not necessarily. That's entirely up to them. You have mentioned in your previous post, that you find cooperation between neighboring towns' fireteams possible (and desirable). What makes you think, private players would be unable to cooperate with each other?