Home & Auto Insurance Business Insurance General Liability Trucking Insurance Life Insurance

When your home is located near a hydrant or fire station, the overall risk of fire damage affecting your property is reduced simply due to proximity to those measures and individuals who help stop fires. In the past, an insurance agent was responsible for disclosing to the insurance company an estimate of how close a proposed insured’s home was to a fire department. This distance, along with some other factors, would then be calculated into determining the individual’s rate.

Now with the technology and information introduced by global positioning systems, or GPS, your insurance company can determine exactly how close you are to a fire station and can set your rates accordingly.

What’s Factored in Fire and Rates?

Your home’s distance from a fire department is not the only factor involved in determining your insurance rates as far as fire hazards are concerned. In fact in some cases, being close to a fire department may not offer you the kind of discount you would like. Some fire departments, especially those in rural areas, may have older or less effective equipment and fewer employees. While this isn’t necessarily a real indicator of the department’s success at putting out blazes, it can have a reduced affect on insurance discounts. But a home located near a brand new fire department with up-to-date equipment might benefit from more substantial discounts.

Proximity to a fire department or hydrant isn’t the only way you can reduce your home insurance rates. Having smoke detectors and fire extinguishers throughout your home and investing in an indoor sprinkler system will also help to drop your insurance premiums while keeping your family and property safer.

Every insurance company has its own way of creating policy rates based on a number of factors. Give us a call at Heritage Insurance and allow us to help you compare insurance companies and find the one that best suits your budget and Moose Jaw home insurance needs.

Share |

No Comments

Post a Comment
Required (Not Displayed)

All comments are moderated and stripped of HTML.
Submission Validation
Change the CAPTCHA codeSpeak the CAPTCHA code
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive

View Mobile Version
Plate Renewal Here!

SGI Online Services

SGI Canada eQuote
Connect With Us:
Facebook Twitter LinkedIn Google+ YouTube RSS Feed
Latest News
Read more >

Visit Us

Heritage Insurance Ltd Office
Heritage Insurance, Ltd.
100A Fairford Street West
Moose Jaw, SK S6H 1V3

Office Hours:
Mon - Fri 8:30AM - 6:00PM
Sat 9:00AM - 4:00PM

Phone: (306) 693-7640


Site Links

Business Insurance
Home & Auto Insurance
Life Insurance
Trucking Insurance
Other Insurance

Heritage Insurance Ltd
Refer A Friend
About Us
Contact Us
Join Our Newsletter
© Copyright 2017. All rights reserved. Powered by Insurance Website Builder