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New ISO ratings in Pender County could lower homeowners insurance rates

New ISO ratings in Pender County could lower homeowners insurance rates

New ISO ratings in Pender County could lower homeowners insurance rates
News from WECT-TV6:

According to the meeting agenda, Pender EMS and Fire Inc. was notified earlier this month its new rating is a 4 and the Long Creek Grady Fire District has an ISO rating of 5. (Source: WECT)

PENDER COUNTY, NC (WECT) -

Some residents in Pender County could soon see lower homeowners insurance rates, thanks to lower Insurance Service Organization (ISO) ratings.

Commissioners are expected to discuss the new ISO ratings during their meeting Monday.

According to the meeting agenda, Pender EMS and Fire Inc. was notified earlier this month its new rating is a 4 and the Long Creek Grady Fire District has an ISO rating of 5.

These ratings stem from a merger agreement in June 2013 between Pender EMS & Rescue Inc., Hampstead Volunteer Fire & Rescue Inc., Sloop Point Volunteer Fire Department Inc., and Long Creek Grady Volunteer Fire Department.

At the time of the merger, the fire districts remained as the Sloop Point, Hampstead Fire District, and Long Creek Grady Volunteer Fire Department so the current ISO rating in Sloop Point and Long Creek Grady would remain a 6 while the ISO rating in Hampstead would remain a 7.

Fire Marshal Charles Newman explained in a previous report that every point you go down in the ISO r…………… continues on WECT-TV6

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