fire risk rating News

A state task force is mulling a plan that would assign more than 550,000 Colorado homes in wildfire-prone areas a risk rating that would be provided to insurance companies. The task force also discussed plans for a fee on homes …

Florida residents in rural areas may be having fire insurance difficulties now that insurers have begun using revised community fire ratings that rate some rural counties a high risk for fire loss. The industry’s Insurance Service Office has assigned new …