St. Johns County Improves ISO Classifications, May Lower Insurance Rates
St. Johns County, FL. – St. Johns County achieved an improved Building Code Effectiveness Grading Schedule (BCEGS) classification of Class 3 for one- and two-family residential properties and a Class 2 for commercial and industrial properties. The new BCEGS classification will apply to new buildings receiving a Certificate of Occupancy during or after January 1, 2013.
Communities like St. Johns County with well-enforced, up-to-date building codes and an active enforcement program demonstrate better loss experience, and insurance rates can reflect that. The prospect of lessening catastrophe-related damage and ultimately lowering insurance costs provides an incentive for communities to rigorously enforce their building codes – especially as they relate to windstorms, tornadoes and hurricane damage. Safer buildings means less damage and lower insured losses from catastrophes.
The ISO BCEGS program is an advisory insurance underwriting information and rating tool that evaluates communities on a scale of 1 to 10, with 1 representing exemplary enforcement of a model building code or local building code demonstrating equivalency to a model building code. A community’s classification is based on administration of codes, review of building plans, and field inspections. ISO assesses the building codes in effect in a particular community and how the community enforces its building codes, with special emphasis on mitigation of losses from natural hazards.
ISO reviews a community’s BCEGS classification approximately every five years. If a community significantly changes its building code adoption and/or enforcement program within that time period, and ISO is made aware of this, a reevaluation will be scheduled.