How does the PPC program contribute to insurer underwriting capabilities?
PPC classifications as delivered in ISOs LOCATION solution suite can serve as a key competitive advantage for insurers. PPC represents the effectiveness of fire protection in a community. Incorporating a wealth of integrated data not available elsewhere, PPC helps insurers in their efforts to assess property policies for potential loss. When insurers use PPC, the classification reflects key detailed variables sources of water and their viability, automatic-aid agreements, department personnel details, dispatch operations, information on fire district boundaries, and distances to responding fire stations to achieve more precise underwriting and rating analysis. What is the benefit of PPC classifications for homeowners and businesses? The link between effective public fire-mitigation capabilities and lower insured property loss is unquestioned. ISOs PPC program is based on a partnership between insurers and local governments to help communities plan, budget, and justify investments that
