That the Burglary and Robbery insurance field has not been developed to the extent to which it is possible, is readily apparent from a few comparisons of burglary losses with fire losses, and of the volume of Burglary insurance written with that of Fire insurance. In 1929 the fire loss for the entire US was approximately $332,426,000. It is reliably estimated that the loss from all forms of burglary, theft and robbery amounted to $250,000,000. With the burglary losses about 75% as much as the fire losses and the Burglary insurance written only 5% as much as the Fire premiums, it is evident that the opportunities for selling Burglary insurance in most localities are practically unlimited.
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