Insurance companies use the ISO, or Insurance Services Office, which began as a property-casualty company in 1971, to research and rate fire companies. They do this to determine your risk when writing home insurance policies.
In the past, every fire station had been rated independently, based on any number of factors, like having a full-time staff or response times. The lower the number, the better the rating. For example, the Myrtle Beach Fire Department had a 1, which is the best rating you can get. Conway Fire Department had a rating of 5.
Horry County Councilman Kevin Hardee, whose 10th district recently got 4 brand new fire stations, says the ISO will now issue one, big, county-wide rating. If you live within a 5-mile radius of a fire station and the county gets a good rating, you may qualify for lower insurance premiums.
Horry County Councilman Kevin Hardee said, "We have a lot of folks who live in the northwest part of the county, they can't even get insurance, we've taken steps to try and get these new stations online and do what ISO has asked us to do and with this new rating they may be able to get insurance."
Councilman Hardee also said, ISO reps wrapped-up their survey back in April, and should have that new county-wide rating any day now.
Hardee added the county has spent a lot of money doing what ISO recommended. He believes it will all pay off.
