[ghufran_syed]

How would you deal with the credit risk? or are you assuming that the homeowner has arbitrary amounts of cash, at hand, but somehow not in the burning house?

[FinnKuhn]

I guess they have a house wich could account for some of that credit risk?

[jahewson]

Not once it's on fire.

[lolinder]

A house that now requires tens of thousands of dollars of repairs.

[FinnKuhn]

the house sits on some land though, which I assume is probably worth at least enough to pay for the fire fighter though.