Tualatin Valley Fire & Rescue: ISO Rerate can save TVFR patrons money on Insurance Premiums
By Tualatin Valley Fire & Rescue
The Insurance Services Office (ISO) helps establish industry standards used by most insurance companies to determine fire premiums. All insurance companies who utilize ISO were required to recognize Tualatin Valley Fire & Rescue’s improved ratings by February 1.
Property owners in TVF&R’s service area should talk with their insurance provider to determine which rate is applied to their property following ISO’s comprehensive analysis of the district’s fire protection and prevention capabilities.
Results of that analysis led to improved ratings that included the following:
On a 10-point scale with Class 1 being the highest, TVF&R is rated a Class 2 in all areas within five miles of a fire station. This could mean big savings for people in North Plains, Midway, Stafford, Sherwood, Newberg and some of the rural parts of the district.
Properties located more than five miles from a fire station are considered a Class 10. TVF&R has very few of these areas.
Some properties located five to seven miles from a fire station might be considered a Class 10w, depending on the features of the property, giving customers a 5 to 10 percent discount.
TVF&R is among the top 3 percent of the 46,042 fire departments evaluated by ISO. Currently, there are no Class 1 departments in Oregon.
“We are so pleased with our improved rating. It has the potential to save the people we serve money on their insurance premiums,” states Fire Chief Mike Duyck. “We also appreciate the comprehensive analysis of our operations and prevention capabilities by an objective third party.”
ISO considered TVF&R’s staffing, equipment, training, fire station distribution, incident reporting, data collection and community-risk-reduction efforts. They also evaluated water infrastructure, water-shuttling abilities and emergency communications.
Washington County Consolidated Communications Agency, the 911 dispatch center, earned the highest marks possible in all categories, and TVF&R’s fire prevention and community-risk-reduction programs earned the highest marks in Oregon to date.
For more information, visit us at www.tvfr.com