Personal Finance
E-Scooters: Are They Really a Big Risk for Residential Fires?
By ValueChampion  •  July 24, 2019

News of residential fires caused by personal mobility devices (PMDs) have been making rounds lately, with the latest accidents being reported in Bukit Batok and Ang Mo Kio. Indeed, e-scooters have taken Singapore by storm, both in its transformational impact on the country's transportation industry and the subsequent changes in human behaviors that haven't all been positive. But, do PMDs really present such a big risk for homeowners as these news reports make them out to be? We've reviewed the statistics to find out.

How Common Are Fires Caused by PMDs? There Are Bigger Risks We Often Forget

In 2018, there were 74 cases of reported fire incidents that were caused by PMDs, up 51% from 49 cases in 2017. While this may sound like a big jump year over year, PMD fires represented only 3.1% of all residential fires that occured in 2018. In fact, fires caused by unattended

...
Read the full article
By ValueChampion
We distill sprawling marketplaces—for insurance, credit cards, bank accounts, and more—down to choices that represent a sweet spot for value—as in offering the features, returns, or experience we think you need for the smallest outlay. We ask: Is the return on a particular purchase or decision worth the cost or risk of that option, and how does the choice stack up against other options?
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance