STONE HARBOR – Over 43,000 fire departments in the nation go through the voluntary Insurance Service Office (ISO) rating process. On a scale of 1 (best) to 10 (worst), only 12 percent of those departments attain a score of 3 or better. That puts the Stone Harbor Fire Department in a select company.
On June 19, Fire Chief Roger Stanford told borough council that the department recently went through the every-three-year rating process, advancing from a 4 to a 3 rating.
The ISO rating is one of the factors considered by insurers when they underwrite and set premiums for local home fire insurance. Other factors being equal, a community with an ISO score of 3 will see lower insurance premiums than one with a score of 8.
The ISO rating is more than a barometer for expected property premiums. It is also a measure of a department’s readiness to do its job.
Cape May – Governor Murphy says he doesn't know anything about the drones and doesn't know what they are doing but he does know that they are not dangerous. Does anyone feel better now?
