07.03 - ISO Reports - Laserfiche WebLink

Home Browse Search

111 NORTH CANAL STREET SUITE 950 CHICAGO, IL 60606 -7270 TEL(312)930-0070 (300) 444-4554 FAX: (312) 930 -0017 August 30, 2011 The Honorable Nancy Adams, Mayor City of Pequot Lakes 4638 County Rd 11 Pequot Lakes, MN 56472 RE: Pequot Lakes, Cass & Crow Wing Counties, MN Public Protection Classification: 5 Effective Date: November 1, 2011 Dear Mayor Adams: We wish to thank you, Fire Chief Nelson and Water Official Nolden for your cooperation during our recent Public Protection Classification (PPC) survey. ISO has completed its analysis of the structural fire suppression delivery system provided in your community. The resulting classification is indicated above. Enclosed is a summary of the ISO analysis of your fire suppression services. If you would like to know more about your community's PPC classification, or if you would like to learn about the potential effect of proposed changes to your fire suppression delivery system, please call us at the phone number listed below. ISO's Public Protection Classification Program (PPC) plays an important role in the underwriting process at insurance companies. In fact, most U.S. insurers — including the largest ones — use PPC information as part of their decision - making when deciding what business to write, coverage's to offer or prices to charge for personal or commercial property insurance. Each insurance company independently determines the premiums it charges its policyholders. The way an insurer uses ISO's information on public fire protection may depend on several things — the company's fire -loss experience, ratemaking methodology, underwriting guidelines, and its marketing strategy. PPC is important to communities and fire departments as well. Communities whose PPC improves may get lower insurance prices. PPC also provides fire departments with a valuable benchmark, and is used by many departments as a valuable tool when planning, budgeting and justifying fire protection improvements. ISO appreciates the high level of cooperation extended by local officials during the entire PPC survey process. The community protection baseline information gathered by ISO is an essential foundation upon which determination of the relative level of fire protection is made using the Fire Suppression Rating Schedule. The classification is a direct result of the information gathered, and is dependent on the resource levels devoted to fire protection in existence at the time of survey. Material changes in those resources that occur after the survey is completed may affect the classification. Although ISO maintains a pro- active process to keep baseline information as current as possible, in the event of changes please call us at (800) 930 -1677 to expedite the update activity.