5 Overlooked Factors That Can Affect Your Home’s Insurance Rates (Part 5 of 5)

5. Proximity to the fire department affects your premiums.

If your house were to catch fire, how long would it take for the local fire department to get there? The faster they can get there and handle the situation, the better chance they have of minimizing the damage.

Every homeowner’s policy requires what’s called a Public Protection Class (PPC) rating. A PPC is rated between 1-10 (one being the best) and takes factors like proximity to the fire department, proximity and number of fire hydrants, municipal water towers, and even railroad tracks into account.

In some cases, you may be able to make some changes to help lower your rates, but never lie or intentionally exclude key information on your application—this could result in your coverage or renewal getting denied. Be honest with your agent, and they will help you find the right coverage and rate that works for your needs.

Bob Abner is a highly respected, top producing, full time, Realtor for over 30 years and is an expert in the Northern Kentucky real estate market. Give Bob a call at 859-760-1660 or email Bob at BAbner@huff.com