Forest Fire Insurance in New Zealand

Authors: P. Shuttleworth
Publication: New Zealand Journal of Forestry, Volume N.Z.J.For. 1971, Issue N.Z.J.For. 16(1) 1971, pp 69-76, May 1971
Publisher: New Zealand Institute of Forestry

Abstract: Losses from forest fires have not been serious during the last twenty years and statutory regulations may have some bearing on this state of affairs. With the increase in plantations, however, there is a case for insuring against loss. A comprehensive scale is suggested, rather than a flat rate. This would consist of a basic rate, with additions for site conditions, age and condition of the crops, size of the forest, factors of access, and quantity of wood being harvested annually. Deductions would be made for defined fire detection and control measures, and would also depend on the available equipment and manpower.
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