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October 02
​Some Residents and Businesses to Save on Fire Insurance Premiums

Some residents and businesses in and around Holly Springs will see a significant decrease in fire insurance premiums thanks to improved ratings by the North Carolina Department of Insurance/Office of State Fire Marshal.

After completing routine inspections, the Holly Springs Fire Department’s rating within town limits improved from 4 to 1. This is the highest grade possible within the system, putting the department among only 11 in the state of North Carolina—joining Raleigh and Cary in Wake County—that have achieved this mark. This means businesses located within town limits will see savings on their fire insurance premiums.

The department’s rating in unincorporated areas improved from a 9 to 3, making it the fifth in Wake County to receive this score. A county resident not previously within 1,000 feet of a hydrant will see their premiums go down based on the rating system—the amount of the savings will be determined by their insurance company.

The difference in ratings is primarily due to the availability of water. In town, the department can use fire hydrants for water supply, whereas in the unincorporated areas, water is transported to the scene by tanker trucks.

“Wake County is committed to providing our residents and businesses with top-notch public safety services, and I am extremely proud of the Holly Springs Fire Department and Wake County Fire Services for these outstanding achievements,” said Jessica Holmes, chair of the Wake County Board of Commissioners. “Our residents can feel confident knowing that they have a dedicated group of men and women working to keep them safe day and night.”

The North Carolina Response Rating System’s scale ranges from one (highest) to 10 (not recognized as a certified fire department by the state). While any rating does not necessarily indicate poor service, a more favorable rating does suggest that a department is overall better equipped to respond to fires—and therefore can result in lower insurance rates in that district.

The inspection, which is required by the state on a regular basis, looks for proper staffing levels, sufficient equipment, proper maintenance of equipment, communications capabilities and availability of a water source. State law requires OSFM officials to inspect departments serving districts of 100,000 people or fewer.

“We are very proud of the Holly Springs Fire Department, and we congratulate them on these exceptional scores that will benefit both homeowners and businesses within their districts,” said Nick Campasano, director of Wake County Fire Services.

North Carolina Insurance Commissioner and State Fire Marshal Mike Causey announced the new ratings Tuesday at the Holly Springs Town Council meeting.

The new rating goes into effect Dec. 1, 2019, and the savings should be applied the next time the owner’s policy renews.


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