Nacogdoches' improved ISO rating could lead to lower rates - KTRE.com | Lufkin and Nacogdoches, Texas

Nacogdoches' improved ISO rating could lead to lower home insurance rates

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NACOGDOCHES, TX (KTRE) -

Insurance rates for homeowners and businesses within the city limits of Nacogdoches could soon go down. An improved fire protection rating leads to that possibility.

An ISO rating is a community's report card on fire protection. The evaluation influences property insurance rates. Last year, an inspector liked what he saw in Nacogdoches.

"Based on his evaluation and several inches of paper work and documentation, our ISO rating is being reduced to a 2, which is a great improvement," Nacogdoches Fire Chief Keith Kiplinger said.

This could have a favorable impact on property insurance rates.

"Depending on the perils that they claim, the kind of building they have, the nature of the structure, it could have an impact of a reduction of the rates of 8-12 percent for residents and business owners of Nacogdoches," Kiplinger said.

An ISO engineer evaluates water availability, emergency response, and fire department capabilities.

"The biggest factor is the city has made some very significant improvements in the water system in the last 15 years or so," Kiplinger said. "We've made significant improvements in our 911 communication systems over the last 15 years or so. And we've made a lot of improvements in our fire suppression capabilities."

Not all insurance companies address ISO ratings the same, but reduced ISO ratings could begin effecting premiums by the second quarter of this year.

The City of Nacogdoches is celebrating the improved rating. The public is invited from 4:30 to 5:30 p.m., right before the city council meeting, to a reception at city hall. Following that the state fire marshal's office will present its evaluation.

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