Saturday, October 1, 2011

The Fire Watch business model

Fire watch matches fire insurance companies with social networks of fire prevention groups. Its like a cell phone based crime watch, enabled for fire watch. Members of fire watch get a fire insurance discount. They use their smart phones to spot fire hazards and dangers. Fire losses will drop dramatically in the neighborhood, gains all around, more than enough to keep the small fire truck handy.

Firewatch also becomes a handy outlet to sell fire prevention products, fire safe construction, and other insurance products. Members of fire watch are likely to get discounts on auto insurance, so we get the general model of the insurance club. Fire watch and crime watch network can combine, members getting discounts on personal loss insurance.

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