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Posted

"He estimated the loss to be about $200,000, however the Mountaineers Club didn't carry fire insurance."

 

That's so irresponsible. thumbs_down.gif

 

New to the nonprofit world, eh? Pretty common.

Posted

"He estimated the loss to be about $200,000, however the Mountaineers Club didn't carry fire insurance."

 

That's so irresponsible. thumbs_down.gif

 

They didn't carry fire insurance because, as the actual fire illustrated so well, the lodge's location made it extremely difficult to fight the fire. There being no hydrant nearby, firefighters had to drag great lengths of hose up the hill, ensuring that the building would be destroyed before they got there. Insurance appraisers don't like issuing fire policies for such buildings.

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