Frequently Asked Questions
Why is my insurance premium so high? ---- How can the ISO rating on my home or dwelling affect my insurance premiums ?
ISO is an independent organization that rates buildings for many different factors that affect the insurability of home, structure and building. Under the ISO program, called the Fire Suppression Rating Schedule, communities can score between1 and 10, with Class 1 being the most exemplary and Class 10 being the least. Historically, residential communities with the worst ISO ratings have had fire losses that were more than twice the amount of losses in communities with the best ratings, according to studies conducted by ISO. The report is then given to insurers and insurance underwriters who use the information contained within the ISO report to provide an insurance premium. This means the ISO rating on your home is very important because a poor ISO rating can mean an increase in premium. Such areas affected are Big Sur and areas of Carmel Valley, Cachagua. It can also mean a decrease in premium as well if you have measures in place that makes your home safer less combustible “ neighborhood” .