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Thursday, October 30, 2014
OKLAHOMA CITY– Homeowners in eastern Cleveland County could soon pay less for property insurance. The potential savings comes from the improvement of the community’s Public Protection Classification (PPC).
“This is a significant achievement for the Cedar County Fire Protection District,” said Oklahoma Insurance Commissioner John D. Doak. “Saving Oklahomans money is one reason we work with fire departments across the state to improve their ratings.”
The Insurance Services Office (ISO) reviews fire prevention and fire suppression capabilities of fire protection areas on a scale of one to 10. Class 1 generally represents the bestfire protection. Class 10 indicates that the area's fire-suppression program doesn't meet ISO’s minimum criteria.
The Oklahoma Insurance Department works with communities and fire departments to improve their PPC. After helping Cedar County prepare for its review, the district improved from a Class 9 to a Class 6.
“Many of the residents in eastern Cleveland County do not have homeowners insurance because it is so expensive,” said Cedar Country Fire Protection District Chairman Daryl Covey. “The new rating could make insurance affordable for more people.”
To celebrate this accomplishment, the Cedar Country Fire Protection District will hold an open house on Sunday, Nov. 2, from 1- 4 p.m. at the main fire station located at 10191 SE 180thSt. in Noble.
Firefighters will be on hand to discuss fire safety, provide tours and demonstrate equipment use. Insurance company representatives are invited to answer questions regarding the impact of the new rating on property insurance rates. Representatives of insurance companies who wish to participate should contact Daryl Covey in advance at 405-527-2155.
Oklahoma Insurance Department experts will also be on hand to explain the PPC system and how fire departments can benefit from an ISO review.
About the Oklahoma Insurance Department
The Oklahoma Insurance Department, an agency of the State of Oklahoma, is responsible for the education and protection of the insurance-buying public and for oversight of the insurance industry in the state.
For more information contact:
Kelly Collins Dexter