Mobile’s fire-rescue chief says a downgrade in fire protection rating is likely to boost insurance premiums the most for homeowners just outside the city limits.
Fire-Rescue Chief Steve Dean said that while city residents also could see their premiums rise, the biggest change should be in Mobile’s extended fire jurisdiction. That area extends up to 3 miles outside the city.
Mobile this week announced the downgrade by the Insurance Service Office, a research company.
Many insurance companies use the rating when setting insurance premiums.
The ISO downgraded the fire rating inside the city from 3 to 4 on a 10-point scale.
In the extended jurisdiction, the rating dropped to a 5 in most areas, and to a 9 or 10 in more remote sections.
Topics Pricing Trends Homeowners
Was this article valuable?
Here are more articles you may enjoy.
AM Best: Data Centers Pose Risks Beyond What P/C Industry Has Experienced 
Trump Says Illegal Immigration Increased Car Insurance but Experts Say Otherwise 
Wrong-Way AI Trade Costs Florida Stock-Picker $50 Billion 
Capital Factory CEO Killed in Private-Jet Crash in Texas 
