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Frontpage New ISO ratings could lower insurance bills

New ISO ratings could lower insurance bills

Wednesday, 25 March 2009 04:36 Last Updated on Thursday, 23 April 2009 10:42 Written by Ken Garner

Most Holley-Navarre property owners should pay less for insurance after June 1, when new risk ratings take effect.

Holley-Navarre Fire Chief Ron Norton told fire commissioners at their meeting Monday, March 23, that ISO has adjusted the district’s ratings from 9/7 to 10/5. The highest ISO rating, 10, indicates the highest risk to property. Lower ratings indicate lower risk. Many, but not all, insurance companies use the ISO rating as a factor when calculating insurance premiums.

For more on this story, see the March 26 issue of the Navarre Press or subscribe online.

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