What does protection class mean in insurance?
Put simply, a protection class is a grade given to a home based on the community’s fire fighting abilities. This is used as a major factor in determining premium. If you’re close to a source of water, that can help reduce premium.
How do I find my insurance protection class?
Your state’s department of insurance has information about protection class, too. Contact the department by phone or visit the website to locate the classification.
What is a protection class rating?
The Public Protection Classification program is a rating system with a range from 1 (best) to 10 (worst) that numerically ranks a community’s municipal fire protection system. Class 1 represents an excellent fire protection system, and class 10 indicates virtually no protection.
What is protection class 5y?
For example, if a community has a Protection Class Grading of 5, a home in the that community will also have a Protection Class rating of 5 if the home is within 5 road miles of a recognized responding fire station and has a standard fire hydrant within 1000 feet.
What is a highly protected risk?
Highly Protected Risk (HPR) Property — property that is judged to be subject to a much lower than normal probability of loss by virtue of low hazard occupancy or property type, superior construction, special fire protection equipment and procedures, and management commitment to loss prevention.
What is fire protection class 3?
Class three refers to Insurance Service Organization (ISO) ratings. The ratings are numerically categorized from one through ten. A rating of Class “1” is the highest rating a fire department can receive.
What is protection class 10 in insurance?
A Class 10 grading means the community’s fire-protection system does not meet ISO requirements. … Class 10 denotes an area that doesn’t meet ISO requirements and is considered unprotected. Some insurers refuse to insure homes in these locations at any price. This may mean you will have to look for coverage elsewhere.
What does Protection Class 8B mean?
Class 8B is a Public Protection Classification (PPC®) for communities that provide superior fire protection services and fire alarm facilities but lack the water supply required for a PPC of Class 8 or better.
What is class 4 fire protection?
Class 4 – Will apply for any property owners that live within 5 road miles of a WPFD fire station. Class 10– For property owners that live greater than 5 road miles of a WPFD fire station the ISO still assigns a fire protection class of 10.