SINGAPORE: Cases of fire in private residential areas have increased by 20 per cent from January to June 2013.
The Singapore Civil Defence Force (SCDF) said 76 private residential fire cases occurred in that period, out of a total of 1,541 residential cases.
The SCDF only releases such data once every six months.
Channel NewsAsia understands that while many home owners purchase fire insurance, only two per cent possess fire extinguishers for home use.
Despite owning fire insurance, the General Insurance Association of Singapore said many home owners are unaware of the calculation formula behind it.
GIA’s executive director Derek Teo said: "If the building reinstatement value is S$1 million and they insured it for half million, what it means is that they are insured for 50 per cent. So if the loss is $100,000, they will only be paid $50,000.”
According to a residential fire equipment retailer, purchasing extinguishers only becomes a priority for home owners after they experience a fire themselves, or witness a neighbour's house on fire.
And retailers said every household should have at least a one-kilogramme extinguisher for emergencies.
Ricky Hee, director at VERT Solutions, said: "People tend to forget that we live in a clustered area where we live in apartments and high-rise buildings. If there is a fire in their neighbour's apartment, it might affect them too." - CNA/gn
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