Insurance savings coming up for community
The Southlake Fire Department's rating with the Insurance Services Office has jumped from a 4 to the top rating of 1, and the department has earned the state's highest-ever recorded fire protection score: a 97.53 on a 100-point scale, according to the State Fire Marshal's office.
The ISO's 100-point scale only requires a community to score a 90 to reach the top-tier 1 rating.
The news of the improvement in the department's ISO rating will mean premium savings for both residential and commercial ratepayers. The city's rating consultant pegged those cost reductions at 11 percent and 13 percent, respectively. Southlake Mayor John Terrell said those savings for property owners could be viewed as roughly equal to a 10-cent reduction in the city's property tax rate.
The ISO rating will be effective Sept. 1, with representatives from the State Fire Marshal's Office planning a visit to Southlake in the weeks prior to that date for a formal certification of the new rating at a meeting of the City Council.














