The Noblesville Fire Department is pleased to announce that Noblesville’s Insurance Service Office (ISO) rating will be upgraded from Class 4 to Class 3, effective July 1. The city’s upgraded rating was awarded by ISO Mitigation, a national organization that collects, analyzes, and provides information for insurance underwriters.
A higher ISO number may result in lower insurance rates for some city residents and businesses. Noblesville’s improved rating was based on the several criteria including the city’s ability to respond to fire calls, the fire department’s first alarm response and the community’s ability to supply water.
“Through the Public Protection Classification (PPC) program, ISO evaluates municipal fire protection efforts in communities throughout the United States,” according to information from ISO Mitigation. “A community’s investment in fire mitigation is a proven and reliable predictor of future fire losses. Some insurance companies use PPC information to help establish fair premiums for fire insurance – generally offering lower premiums in communities with better protection.”
For many years, ISO has used statistical information to assess risk. ISO uses a 1-10 scale with a 1 being the best possible score. Of the 46,042 fire departments rated in 2017, only 4,974 scored in the top three classes. This new rating puts Noblesville in the top 10.8 percent of all communities rated last year.