KIVFD announces new lower insurance rating
Could mean lower homeowner premiums
CHESTER — The Kent Island Volunteer Fire Department has recently undergone an insurance rating evaluation by the Insurance Services Office. The ISO is an independent organization that rates a fire department’s ability to protect its constituents against fire.
ISO uses a rating scale, from one to 10, when determining the effectiveness of the overall fire protection in a community. Lower numbers result in better insurance rates for residents and business owners and shows the community that they have better fire protection.
The ISO rating that was in effect since 2011 was five in areas with fire hydrants, such as Bay City and Cloverfields. The rating in nonhydrant areas such as Marling Farms and Love Point was 8B. After the evaluation process in 2016 the Kent Island Volunteer Fire Department has again improved the ratings to a 4Y in non-hydrant areas and a very good rating of four in areas with hydrants. This improved rating becomes effective when adopted by your insurance company.
What these numbers mean to the average resident is a possible reduction in their homeowners insurance premiums. The possible savings on a $350,000 home could be a $150 to $200 reduction in their premium. Residents and business owners are encouraged to contact their insurance agent to see what this new rating will mean to them.
The Insurance Services Office Public Protection Classification rating is used by most insurance companies in marketing, underwriting, and to help establish fair premiums for homeowners and commercial fire insurance policies. Over the last year a representative from the ISO made several visits to our community and met with fire department, water, and emergency services personnel. The Kent Island Volunteer would like to thank Alan Quimby of the Queen Anne’s County Sanitary District, and Chief Ed Stoner of the Queen Anne’s County Department of Emergency Services Communications Division for their efforts and assistance during this evaluation.
KIVFD Assistant Fire Chief Paul Schlotterbeck, who led this evaluation for the fire department, said the Kent Island Volunteer Fire Department plans to use the information obtained during this evaluation to continue to improve operations, equipment and training in order to provide the community with the best possible fire protection and thereby lowering insurance rates.