New Class 2 fire insurance rating may result in lower premiums
Business owners and residents in the cities of Spokane Valley, Millwood and Liberty Lake are encouraged to contact their insurance agents to determine the relative effect of a new fire protection classification (insurance rating) that was achieved by the Spokane Valley Fire Department effective April 1, 2017. The new rating, which typically lasts for 10 years, can equate to lower insurance premiums for residents and business owners depending on their respective insurance carriers.
The fire department achieved a Protection Class 2 fire insurance rating by the Washington Surveying and Rating Bureau (WSRB). WSRB rates cities and their fire departments by risk level between 1 and 10 (1 indicates exemplary fire protection capabilities; 10 indicates sufficient capabilities). Many insurance companies use the WSRB designation to assess insurance premium rates. Visit the Spokane Valley Fire Department website to learn more.