The Green Township Volunteer Fire Department is proud to announce that after a recent ISO Review of our department, our rating was upgraded to 4/4Y rating.
ISO stands for Insurance Services Office (ISO), which is an independent, for-profit organization. The ISO scores fire departments on how they are doing against its organization’s standards to determine property insurance costs.
After analyzing the data it collects, the ISO assigns a Public Protection Classification (PPC) on a scale from 1 to 10. The higher the ISO fire protection class (with Class 1 being the best), the “better” the department – at least in the eyes of the ISO.
How Is the ISO Score Determined?
To determine ISO rating for fire departments, the organization conducts a field survey and scores your department across four key areas using the Fire Suppression Rating Schedule (FSRS).
These areas include Emergency Communication Systems (10 points); Fire Departments, covering personnel, capabilities, training, equipment, etc. (50 points); Water Supply (40 points); and Community Risk Reduction (extra credit of up to 5.5 points).
It uses a 100-point scale (with the potential of 105.5 with the Community Risk Reduction extra credit), and the more points you score, the better your ISO fire rating.
How ISO Fire Rating Impacts Your Community?
A good ISO fire rating brings value to your community, so it makes sense to try to improve your score.
Lower insurance premiums
Many insurers do provide discounts for lower PPC scores, but their rating structure is complex and constantly changing.
As the parent company of ISO, Verisk estimates insurers representing 75% of the residential and commercial market access PPC information when determining their prices. In many states, according to Verisk, the better the ISO score the lower the homeowner insurance premiums.