Nevada City, Calif. November 18, 2016 – The City of Nevada City announced today that the Insurance Services Office, Inc. (ISO) has improved its Public Protection Classification (PPC) ranking of the City’s fire suppression system. The City’s ranking will improve from a rating of 5 to 03/3X on a ten-point scale. Communities whose PPC improves may be eligible for lower insurance premiums. The ISO’s ranking will take effect in February 2017.
‘Tm very pleased with the ISO’s determination,” said Mayor Evans Phelps. “This ranking validates that the City’s efforts to maintain appropriate staffing and invest in quality equipment/infrastructure has paid dividends. Our community’s emergency preparedness is much improved.”
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“We are thrilled to receive this news,” said Nevada City Fire Chief Sam Goodspeed. “The passage of Measure C, the City’s November public safety ballot measure, and the City’s cooperative operational agreements with the City of Grass Valley and Nevada County Consolidated Fire District, will ensure the City maintains its high service level standards.”
ISO’s PPC ranking plays an important role in the underwriting process at insurance companies. Most U.S. insurers – including the largest ones – use PPC information as part of their decision-making when deciding what business to write, coverages to offer or prices to charge for personal or commercial property insurance.