The City of Killeen will receive an upgraded fire suppression rating, and Killeen property owners may soon be able to lower their insurance rates.
Killeen’s Fire Suppression Rating by the Insurance Services Office (ISO) will be raised to a 2 effective June 1. Just .7 percent of communities in the United States have achieved this rating. The city was previously rated a 4.
Property owners could see a 10 to 15 percent reduction in their hazard insurance premiums. Insurance agents will be able to access the new rating to recalculate rates beginning March 15. Owners must contact their insurance providers to inquire about potential savings.
ISO considers a city’s water distribution capabilities, fire department equipment, manpower, and facilities in issuing a rating. Following a number of improvements including two new fire stations, the city requested this recent evaluation by ISO.
More information is available from the Texas Department of Insurance website, www.tdi.texas.gov.
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