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Some Habersham homeowners see insurance premiums skyrocket

Some Habersham homeowners see insurance premiums skyrocket

Some Habersham homeowners see insurance premiums skyrocket
News from Access North Georgia:

CORNELIA – Some Habersham County residents got sticker shock when they received their latest homeowner’s insurance premium notices. Others got notices of possible insurance cancellation.

That’s because ISO, a third-party grading entity that advises the insurance industry on risk and other factors, no longer recognizes subscription fire protection.

Before Habersham County had a county fire department, there were community volunteer fire departments in the unincorporated areas. Baldwin, Clarkesville, Cornelia, Demorest, and Tallulah Falls provided fire protection to those cities, with some offering subscriptions to those in nearby unincorporated areas of the county for an annual fee.

By subscribing, those residents and businesses were able to take advantage of a lower ISO rating, thus paying lower insurance premiums.

Habersham is one of only two or three counties in Georgia that still has fire subscribers. County Manager Janeann Allison puts that number at about 1,800 subscribers countywide.

“Cornelia has the most subscriptions by far,” Allison said.

Now, ISO has decided not to recognize fire subscriptions, prompting some insurance providers to raise premiums or discontinue coverage.

Because of the criteria used to determine ISO protection classes, there is not an easy remedy to help those property owners affected.

Habersham County…………… continues on Access North Georgia

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