Tuesday, July 12, 2011

Keller News...New Insurance Ratings

From the City of Keller Mayor, Pat McGrail's Office:

I am proud to announce that the City of Keller has achieved an Insurance Services Office (ISO) Community Public Protection Classification (PPC) rating of 2. This is a rating given to the City by ISO after reviewing the City's firefighting capabilities, which include the Fire Department, Dispatch Operations and Water Operations of individual communities. This rating, according to statistics on the ISO website, indicates that Keller will now rank in the top 1.3% of communities nationwide (648 out of 48,324 communities), and the top 5.2% of Texas communities (125 out of 2,2423 communities) that have achieved an ISO PPC rating of two or better. Previously, the City's rating was a Class 4, but will now be elevated to the Class 2 rating effective November 1, 2011 by ISO and the Texas Department of Insurance.

What does this mean to our citizens, businesses and property owners? Insurance companies utilize the ISO PPC classes in establishing premiums for both commercial and residential property policies, with the better (lower) the PPC rating (1-10 with 1 being best), the lower the insurance rate and cost of insurance. In his report to the City, consultant, Mr. Mike Pietsch, of Mike Piestsch P.E. Consulting Service, Inc. stated, "If an ISO 2 were attained, the commercial property owners and residential property owners within five road miles of a Keller Fire Station and within 1,000 feet of a fire hydrant would save a possible 11% and 10% respectively.

Achievement of this improved rating is a tremendous benefit to renters, businesses, and property owners. This significant improvement in the City's rating was a direct result of concerted efforts by many City employees and departments (Fire, Dispatch, Water and Information Technology), in meeting and exceeding the City's core values.

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